After nearly two decades of sustained economic growth and stability, Peru’s economy continues to expand. Economic diversification and the introduction of more technology-intensive production processes are now key to enable the country to sustain the growth rates it was able to achieve during its commodity-led boom and avoid what economists...
Peru currently invests 4% of its GDP into education. How important is it to increase this amount?
Since 2013, Peru’s health sector has been undergoing significant change as the country works to improve a system characterised by fragmentation, decentralisation and limited financing. The ongoing reform of Peru’s health sector has enabled the country to make significant strides to increase coverage and access to health care services among all...
As the period of contraction of the commodity cycle continues to dampen Peru’s growth prospects, the education sector has become critical to the country’s ability to begin its transition to a knowledge-based economy. In a post-commodity cycle scenario, aligning vocational and technical training with labour market needs is expected to gradually rise to the top of the agenda in the medium term,...
Over the last two decades Peru has been one of the fastest-growing economies in the region. Remarkably resilient to global headwinds, positive GDP growth has continued despite the end of the commodities boom. Yet the growth rate has slowed and the initial impetus of a first wave of structural reforms has faded. The question now is whether the current administration can address problems, implement further reforms and re-accelerate the economy.
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