• 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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Ancient Peru was the cradle of the Incan empire, which flourished between 1400 and 1533 CE. The empire’s religious and administrative centre, Cuzco, is known today for being home to the world-renowned Machu Picchu. One of the new seven wonders of the world, the site attracts thousands of visitors each year. The arrival of Spanish conquistadors...

 

Once known as a country scarred by economic and social upheaval, Peru has now experienced nearly two decades of economic growth alongside the continued establishment of democratic principles – increasingly so since the turn of the millennium. Buoyed by high commodity prices, the mineral-rich country grew at an average annual rate of 6.2% in...

 

What are the necessary steps towards achieving greater integration among Andean states?

 

What steps can Peru take to reduce its exposure to lower commodity prices?

 

Peru’s economic transformation over the past two decades, together with its strong economic growth and open trade policies, have been remarkable and have been noticed in Australia. Australia, a dynamic, modern and reliable partner, is keen to be a key partner for Peru across a diverse range of sectors including mining, water, energy, education...

 

By January 2017, after six months in office, the government of President Pedro Pablo Kuczynski had put into effect the main components of a tax reform package designed to support and accelerate economic growth. Among the key aims of the changes were to unblock and stimulate public and private investment, simplify tax payment processes and help...

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