Economy

Latin America is a dynamic and exciting region. The distance from Mexico in the north to Argentina in the south equates to that between London and Singapore, which means that the region holds many opportunities for countries like the UK. Fast-growing populations and an ever-increasing middle class encourage a market for quality goods and...

In the second OBG Business Barometer: Peru CEO Survey, we found that C-suite executives in the country are overwhelmingly optimistic about the business outlook: 84% report positive or very positive expectations of local business conditions in the coming 12 months. This persists despite ongoing challenges, such as the reconstruction efforts...

In June 2018 the Central Reserve Bank of Peru (Banco Central de Reserva del Perú, BCRP) revised its 2019 growth outlook, forecasting GDP would expand by 4.2%. This represented a more optimistic view compared to its prediction of 4% in March 2018. The institution left its projection of 4% for 2018 unchanged. These figures reaffirm the sentiment...

Latin America has always been a region of opportunities and frustrations. Opportunities exist due to its vast landmass, generous natural resources, limited involvement in the First and Second World Wars, and isolation from racial and religious conflicts that other regions of the world have been exposed to for decades. Despite these advantages...