Download or read book The Report Peru 2015 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2015-01-12 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Expanding at an average rate of 6.4% per annum since the mid-2000s, Peru’s economic growth has been remarkable, but also heavily dependent on one sector. Driven by a sharp rise in commodity prices, the mining industry spurred Peru’s economy to the fastest sustained growth rate in Latin America during much of the past decade.The end of the commodities supercycle however, saw economic growth slow down substantially over the course of 2014, with the central bank revising growth projections to 3.1% in mid-October. In a bid to stimulate growth, the government has intensified diversification efforts and introduced a series of measures aimed at promoting investment. The current economic slowdown, attributable in part to delays in some major mining developments, is generally seen as a temporary one, and growth is expected to pick up again in 2015. While mining will remain the backbone of the Peruvian economy - in particular from 2016 and beyond as several large-scale copper projects come on-line - other sectors, including industry and tourism, should begin to play increasingly important roles.
Download or read book The Report Trinidad Tobago 2015 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2015-08-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite its small size, Trinidad and Tobago ranks highly on a number of economic development indicators.According to estimates by the IMF, per capita income in T&T was $21,310 in 2014, the third-highest level in the Americas, after the US and Canada. Meanwhile, the World Bank categorises T&T as a high-income, non-OECD nation, while the World Economic Forum (WEF), in its reports on global competitiveness, sees T&T as an innovation-driven economy, like the US or the UK.
Download or read book Peru written by Alejandro M. Werner and published by International Monetary Fund. This book was released on 2015-09-16 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peru stands out among Latin American countries as an example of successful economic reforms over the past decade. This comprehensive look at Peru's economy traces that country's journey from a debt crisis in the 1980s to having buffers in place that allowed it to emerge unscathed from the global financial crisis. The book examines the steps Peru undertook to achieve these results and extracts lessons to be learned. Chapters are written by IMF staff and Peruvian economists.
Download or read book The Report Peru 2017 written by Oxford Business Group and published by Oxford Business Group. This book was released on with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade Peru has consistently been the fastest-growing economy in Latin America, and unlike some of its neighbours, has been remarkably resilient to global headwinds, registering positive growth rates for an uninterrupted 18 years through to 2016. While the pace of growth has slowed as the long commodities boom ebbed after 2012, Peru recorded an average annual growth rate of 5.9% in 2005-15, almost double the 3% rate for Latin America as a whole. Stakeholders and investors will now be looking to efforts by the new government, which took office in July 2016, to address problems, implement additional reforms and spur further economic growth.
Download or read book The Report Peru 2016 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2016-02-11 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the decade to 2014 Peru became one of the fastest-growing economies in Latin America, with an average annual real GDP growth rate of 6.2%, second only to Panama (8.2%), and well ahead of the Latin American and Caribbean average (3.4%). The strong pace of economic growth during a decade-long, commodities-led economic boom tripled Peruvian GDP and led to a major reduction in the poverty rate, which fell from nearly half the population (49.2%) in 2006 to under a quarter (23.9%) in 2013. However, the end of the commodities cycle saw GDP growth slow to an estimated 2.5% in 2015, according to the IMF. In 2016 the mineral-rich Andean country faces some uncertainty, with general elections scheduled for April 2016, the occurrence of the El Niño weather pattern and continued external headwinds. Even so, a recovery is expected to begin, with growth forecast to reach 3.3% in 2016, on the back of increased mining activity and continued public spending on major infrastructure projects.
Download or read book Peru written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2015-05-27 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that Peru remains one of the best performing economies in Latin America, with solid macroeconomic policies and fundamentals and visible gains in poverty reduction. However, like most of the region, Peru faced a challenging external environment in 2014. Lower metal prices and weaker demand from trading partners were a major drag on private investment and exports. On the domestic front, an unexpected drop in subnational public investment level and temporary supply disruptions in mining, fishing, and agriculture compounded external shocks. Real GDP is projected to expand at about 3.75 percent in 2015, contingent on the reversal of the supply shocks and policy stimulus of 2014. Growth is expected to rise in 2016–17.
Download or read book Peru written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2015-05-27 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that Peru remains one of the best performing economies in Latin America, with solid macroeconomic policies and fundamentals and visible gains in poverty reduction. However, like most of the region, Peru faced a challenging external environment in 2014. Lower metal prices and weaker demand from trading partners were a major drag on private investment and exports. On the domestic front, an unexpected drop in subnational public investment level and temporary supply disruptions in mining, fishing, and agriculture compounded external shocks. Real GDP is projected to expand at about 3.75 percent in 2015, contingent on the reversal of the supply shocks and policy stimulus of 2014. Growth is expected to rise in 2016–17.
Download or read book Peru 2022 Article IV Consultation Press Release Staff Report and Statement by the Executive Director for Peru written by International Monetary and published by International Monetary Fund. This book was released on 2022-05-11 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: After being hit very hard by the pandemic in 2020, both in terms of health and economic outcomes, Peru experienced an equally strong economic rebound in 2021. A new administration was inaugurated in July 2021 with a program focused on reducing inequality and improving social conditions, but limited support from Congress and lack of cohesion heightened political uncertainty. While real GDP surpassed its pre-pandemic level by 2021, labor force participation and total employment have not fully recovered yet. Poverty increased significantly in 2020 and, despite some improvement in 2021, remains higher than in 2019. On May 27, 2021, the IMF Executive Board completed the mid-term review of Peru’s continued qualification under the Flexible Credit Line (FCL) arrangement.
Download or read book OECD Environmental Performance Reviews Peru 2017 written by OECD and published by OECD Publishing. This book was released on 2017-12-22 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is the first review of Peru’s environmental performance. It evaluates progress towards sustainable development and green growth, with a focus on environmental management (air, waste and chemicals, water and biodiversity) and the sustainable use of the natural resource base.
Download or read book OECD Skills Studies OECD Skills Strategy Diagnostic Report Peru 2016 written by OECD and published by OECD Publishing. This book was released on 2016-11-25 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Skills are central to Peru’s future prosperity and the well-being of its people. Peru's economic development to date has largely been driven by abundant natural resources and high commodity prices in the global market. The goal for the future is to ensure productive diversification, expand ...
Download or read book Peru written by United States United States Department of State and published by Createspace Independent Publishing Platform. This book was released on 2016-08-04 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most serious human rights problems included violence against women and children, trafficking in persons, and corruption and impunity that undermined the rule of law. The following human rights problems also were reported: harsh prison conditions, abuse of detainees and inmates by prison security forces, lengthy pretrial detention, inordinate trial delays, intimidation of the media, threats towards human rights activists, limits on religious freedom, and incomplete registration of internally displaced persons (IDPs). In addition there was discrimination against women; individuals with disabilities; members of racial and ethnic minority groups; indigenous persons; lesbian, gay, bisexual, transgender, and intersex (LGBTI) persons; and persons with HIV/AIDS. Socioenvironmental conflicts involving extractive industries and development projects occurred and sometimes turned violent. Other problems were a lack of labor law enforcement and the use of child labor, particularly in informal sectors. The government took steps to investigate, and in some cases prosecute or otherwise punish, public officials accused of abuses. Officials sometimes engaged in corrupt practices with impunity.
Download or read book Dispute Settlement Reports 2015 Volume 6 Pages 3115 3564 written by World Trade Organization and published by Cambridge University Press. This book was released on 2016-12-08 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Dispute Settlement Reports of the World Trade Organization (WTO) include Panel and Appellate Body reports, as well as arbitration awards, in disputes concerning the rights and obligations of WTO members under the provisions of the Marrakesh Agreement Establishing the World Trade Organization. These are the WTO authorized and paginated reports in English. An essential addition to the library of all practicing and academic trade lawyers and needed by students worldwide taking courses in international economic or trade law. DSR 2015: Volume 6 reports on Ukraine - Definitive Safeguard Measures on Certain Passenger Cars (WT/DS468) and Peru - Additional Duty on Imports of Certain Agricultural Products (WT/DS457).
Download or read book OECD Public Governance Reviews OECD Integrity Review of Peru Enhancing Public Sector Integrity for Inclusive Growth written by OECD and published by OECD Publishing. This book was released on 2017-02-28 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report assesses Peru's integrity system at both the central and subnational levels of government. It provides a set of recommendations to strengthen and consolidate this system, instil a culture of integrity, and ensure accountability through control and enforcement.
Download or read book OECD Public Governance Reviews Peru Integrated Governance for Inclusive Growth written by OECD and published by OECD Publishing. This book was released on 2016-11-30 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This OECD Public Governance Review of Peru analyses key areas of public governance in Peru and identifies opportunities for improving the performance of the state in delivering better outcomes for all citizens.
Download or read book Peru written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2023-03-27 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the background of a strong economic performance over the last quarter of a century, Peru has been hit by multiple shocks in the last several years. Adequate policies and very strong policy frameworks have made the economy resilient. Following a steep decline in 2020 at the outset of the pandemic and a rapid recovery in 2021, growth slowed significantly in 2022 as the policy stimulus was withdrawn and external and financial conditions deteriorated. Recent political developments suggest that the new government needs to work across the political spectrum to create broader political consensus, reduce uncertainty, ease social tensions, and boost growth.
Download or read book Peru written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2024-05-21 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy is recovering after consecutive climate-related shocks as well as social turmoil at the beginning of 2023. Inflation has receded due to the central bank’s decisive monetary policy tightening, while the fiscal position and financial system remain strong. The country is in a period of relative political stability, but lingering political uncertainty is denting the appetite for the reforms needed to boost potential growth.
Download or read book Financial Inclusion written by Ms.Ratna Sahay and published by International Monetary Fund. This book was released on 2015-09-15 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using several recently available global datasets, this Staff Discussion Note examines macroeconomic effects of financial inclusion. It finds significant benefits to economic growth from financial inclusion, but the benefits diminish as financial inclusion and depth become large. Broadening access to credit can compromise economic and bank stability in countries with weak bank supervision. Other forms of financial inclusion—such as access to and use of bank accounts, branches, and ATMs—do not hurt stability, and can be promoted extensively. The note finds that gaps in financial inclusion are associated with economic inequality, but the association appears relatively weak.
