Peru
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Peru’s president bets on fighting corruption
Peruvians will vote in a December referendum that could introduce anti-corruption rules giving President Martin Vizcarra a stronger hand as he faces a hostile congress. If the referendum fails, however, the country’s new leader would be weakened, prolonging Peru’s political dysfunction and holding its economy back.
Peru: PPK makes a strong start
Despite just barely eking out a victory in Peru’s June presidential elections, Pedro Pablo Kuczynski has made a fast start, gaining special powers to fight crime and corruption. The opposition has a significant majority in Congress, but PPK, as the president is known, is still likely to implement much of ...
Peru’s new president needs more than economic smarts
Pedro Pablo Kuczynski, or PPK as he is known by Peruvians, was the least likely candidate to win the recent presidential election in Peru. A liberal economist, and at 77 the oldest of 19 first-round candidates, he looks and speaks like a gringo. In fact, it was just six months ...
Dysfunctional politics stands in the way of Peru’s economy
More than 10 years of spectacular economic growth have come to an end in Peru with the conclusion of an era of extraordinarily high commodity prices. This sharp downturn coincides with general elections for the presidency and the legislature. Investors and Peruvians in general are assessing what has been achieved, ...
Peru 2015: inept leadership threatens to undermine growth in spite of strong fundamentals
The last decade and a half of spectacular growth has made Peru a showcase for Latin America’s success. The country has built up a sizeable middle class and reduced poverty. Its democracy is functional and its economic fundamentals are exceptionally strong. Unfortunately, the poor leadership provided by many of Peru’s ...
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