• 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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ETIQUETTE: Given Peru’s rich historical and ethnic heritage, its culture is diverse and varies slightly from region to region. Peruvians are generally polite and friendly, and strong friendships often go a long way in opening doors and securing opportunities in the business world. Standard business...

Articles & Analysis | Peru Hotel Listings from The Report: Peru 2017

 

HOTEL PLAZA DEL BOSQUE Av. Paz Soldán 190, San Isidro T: (+51) 1 616 1818 reservas@plazadelbosque.com www.plazadelbosque.com Rooms: 95 suites including 1 presidential suite, deluxe, master (ideal for families), executives and junior suites. Business & Conference Facilities: Business centre with fax and photocopying facilities, 3 conference...

 

Once considered to be the “fibre of the gods” by the Inca civilisation, alpaca continues to play an important role in the Peruvian economy and culture. The origin of the animal after which the fibre is named has been a matter of disagreement for scientists and historians for hundreds of years. However, the most widely accepted theory is that...

 

The Peruvian economy is at a crossroads. Over the last two decades it has been one of the fastest-growing economies in the region, enjoying macroeconomic stability, a strong mining sector, an open economy, and growing agro-industry and services sectors. Unlike some of its neighbours, Peru has been remarkably resilient to global headwinds....

Economists have various ways of defining and measuring informality. According to the government think tank National Centre of Strategic Planning (Centro Nacional de Planeamiento Estratégico, CEPLAN), the informal economy includes any economic activity conducted outside of the reach of state regulation. The informal sector is also described as all economically productive units...

 

Steady economic growth in Peru may have masked a potential problem: investment has been falling over the last three years. The country’s GDP grew by 2.4% in 2014, 3.3% in 2015 and 3.9% in 2016, an impressive performance in the context of low commodity prices and contraction of some of the larger economies in Latin America. But across those...

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