• 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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What factors helped cause direct investment (FDI) to drop around 18% in 2013?

Chapter | Capital Markets from The Report: Peru 2015

The development of Peru’s capital markets continues apace, driven by the growing number of increasingly sophisticated local institutional investors. Though the Lima Stock Exchange (Bolsa de Valores de Lima, BVL) started 2014 off poorly, with stock prices falling significantly on the gradual withdrawal of monetary stimulus by the US Federal Reserve and the effect of geopolitical tensions...

Two large infrastructure tenders were recently awarded as single projects. To what extent might this approach restrict participation?

Despite numerous government initiatives conceived over the years to tackle workforce informality in Peru, it remains a major problem that shows few signs of swift resolution. Although the data vary depending on the definitions of “informality”, about 65% of businesses were considered informal as of April 2014. This compares unfavourably to some of Peru’s poorer...

How much of a concern is protectionism, especially for small and medium-sized enterprises (SMEs)?

Following the end of the commodities super-cycle that sustained Peru’s economic growth at an average rate of 6.4% per annum since the mid-2000s, the country saw growth fall sharply over the course of 2014. However, this slowdown is widely seen as a temporary lull, attributable in part to delays in some major mining developments, and the government has sought to...

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