Economy

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The combination of a stable and expansionary macroeconomic environment, vast natural resources and an investor-friendly legal framework has created an attractive setting for international investors looking for emerging market opportunities. While the majority of foreign direct investment (FDI) has been channelled to Peru’s extractive industries in...

Following a campaign laden with promises of social inclusion, President Ollanta Humala’s administration has already begun fulfilling some of them. Having gained legislative approval to establish the Ministry of Development and Social Inclusion only weeks after taking office in August 2011, Humala turned his sights to renegotiating royalties...

In 1990 the Peruvian electorate veered away from well-established political parties and instead chose the relatively unknown Alberto Fujimori, campaigning under the banner of his newly formed Cambio 90, to be president. Now, more than a decade after democracy has been restored following the fall of Fujimori’s authoritarian regime, they are still...

While neighbouring Brazil may garner more headlines as one of the “BRIC” giants, Peru has quietly and efficiently transformed itself into one of the world’s most dynamic emerging economies. Boasting significant natural resources and a population hungry for modernisation, Peru’s economic growth has outperformed the majority of its regional and global...

The 40th anniversary of the establishment of formal relations between the governments of China and Peru was marked in 2012, underlining a longstanding relationship that has become increasingly important as time has gone on. In recent years bilateral relations have grown significantly. Trade between the two countries has increased sharply in...

Even during a period of sluggish economic growth in the important US and European markets, Peru has been able to continue posting surpluses and developing its global trade portfolio, in large part due to a raft of free trade agreements (FTAs) that have expanded and diversified its international partners.

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