Peru has been promoting different types of special economic zones (SEZs) for a number of years, in an effort to support economic diversification, regional development and international trade. By 2015 there were three special entities designated as export, transformation, industry, marketing and service centres (Centros de Exportación,...
What needs to be done in mining-based countries such as Peru and Chile to decrease their dependence on commodity exports?
How can partnerships between corporations and small and medium-sized enterprises (SMEs) incentivise micro and small companies to formalise?
Bouncing back from political instability and hyperinflation in the 1970s and 1980s, Peru has sustained average GDP growth of 6% since 2004. A major metals and minerals exporter, Peru’s growth has been fuelled in large part by high commodity prices and stable demand from China. This has allowed the country to become an important player on the...
Considering the slow external economic environment, what actions can the government take to support sustained economic growth?
Today, the Peruvian economy is recognised as strong. This has been possible because in recent years we have implemented coherent, sustained and inclusive policies. In nearly two decades, Peru has managed to triple its real GDP, maintain low inflationary levels – at around 2% per year – reduce public debt, reach net international reserves...
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