Considering the slow external economic environment, what actions can the government take to support sustained economic growth?
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...
In 2014 Peru was the seventh-largest economy in the Latin America and Caribbean region, with a GDP of $202.9bn. According to data from the World Bank, this represented 3.2% of total regional GDP, behind Brazil (37.2%), Mexico (20.4%), Argentina (8.6%), Venezuela (8.1%), Colombia (6.0%) and Chile (4.1%). On some rankings using purchasing power...
Buoyed by high commodity prices and market-friendly policies, Peru has been one of the best-performing and stable economies in Latin America over the past decade. Rapid economic growth has, in turn, spurred an emerging middle class and notable social gains, with the number of Peruvians living in poverty falling by more than half in the period...
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In addition to an article on Peru’s ecotourism potential, this chapter contains information on hotels, government agencies and other listings, as well as useful tips for visitors on a range of topics such as visa requirements, currency and transportation.
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