While Peru offers a range of industrial parks, their competitiveness has been hindered by a lack of accompanying legislation and overall strategy. Although Law No. 28183 of March 2004 was promulgated in order to regulate and promote the development of industrial parks, it has not proved to be optimal in terms of achieving these objectives. “...
E-commerce is well established in developed markets, where the majority of people make at least occasional purchases online. However, levels of activity on the whole remain relatively low in emerging countries, as these markets are restrained by a wide range of challenges, including less-developed financial and logistical infrastructure...
Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic...
The industrial sector returned to growth in 2018, with production, exports and investment growing...
Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.
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