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With a rapidly growing economy the Peruvian government recognises the need to bridge the divide between socioeconomic development and education. To make the educational system a priority the government allocated it a 30% increase to the 2012 budget ( amounting to $35.8bn), the largest sector boost in recent years.

There is much evidence in the tourism business to suggest that Peru is performing well below its potential when it comes to visitor numbers. While Machu Picchu stands firmly on the list of the New Seven Wonders of the World, the site’s restriction to 2500 people on a daily basis limits the possibilities for growth. The numbers are pegged to prevent...

Despite the harsh conditions presented by a three-tiered topography of desert, mountain and jungle, Peru’s diverse agriculture industry has been a central component of economic activity and employment for thousands of years. In modern times the coastal desert region has received the largest portion of investment. As a result, its irrigated fields...

Thanks to a growing middle class and increased consumer spending, the ICT sector saw significant growth in 2011. The expansion of mobile telephony in Peru, as in many emerging markets, has been quite remarkable over the last five years. However, fixed-line services, which peaked in 2009, have started to see a decline in teledensity. Nevertheless,...

Competition in the construction sector begins long before the final product hits the market. The key lies in skilled labour, which is scarce in Lima and even more so in the rest of Peru. This has not hindered growth, but has compelled developers to either pay higher wages for workers with keenly sought-out trades or invest in specialised training...

An ancient industry in Peru, textiles not only represent a cultural heritage but also an important part of the manufacturing sector that aims to compete on a global level. By the end of 2011 textile and garment exports grew by 26%, meaning the industry had almost fully recovered from the effects of the global economic crisis. Revenues were close to...