• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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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.

What steps have been taken to develop the goal of a multilateral foreign policy?

Conscious that its economy is currently highly dependent on oil and closely tied to markets that continue to face economic uncertainty, Kuwait’s government is looking further afield to new investment destinations as well as to moves to stabilise oil prices.
Higher-than-forecast oil revenues should allow Oman to sustain economic growth for the rest of the year, as well as put its budget into the black. There is, however, a serious caveat. A weakening of global markets and any delays to the state’s efforts to strengthen its economic base could negatively impact year-end figures.
A pesar de que las cifras muestran que la economía peruana se ha expandido año tras año por más de una década, la evaluación de la medida en que el crecimiento está beneficiando a la gente está demostrando ser algo más que un reto y se está tomando muy en serio.

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