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The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.
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DOI: 10.1108/OXAN-DB286471
ISSN: 2633-304X
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Geographic
Topical
Bond markets have responded positively to Milei’s victory, followed by the announcement that he would re-privatise state oil company YPF and other companies, but domestic exchange…
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DOI: 10.1108/OXAN-DB283523
ISSN: 2633-304X
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Peru is already in technical recession, reflecting both adverse domestic and international conditions. Private investment, including in the all-important mining sector, has…
A technologically advanced ‘modern’ sector coexists with a ‘traditional’ sector in which productivity is low, technology basic and employment precarious. The government has…
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DOI: 10.1108/OXAN-DB272711
ISSN: 2633-304X
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The government has changed hands only once since independence in 1966: in 1992 the People's Progressive Party (PPP), led by Cheddi Jagan, assumed power following 26 years of…
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DOI: 10.1108/OXAN-DB199348
ISSN: 2633-304X
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Geographic
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Peru’s previously buoyant economy has been badly affected by the COVID-19 pandemic, contracting by around 13.38% in the first ten months of this year. Investment has been hit, as…
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DOI: 10.1108/OXAN-DB258234
ISSN: 2633-304X
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It was his last such speech, as Peru is entering an election year and has single-term presidencies. Having recently reshuffled his cabinet, Vizcarra is seeking closer relations…
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DOI: 10.1108/OXAN-DB254303
ISSN: 2633-304X
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The booming copper industry will stimulate production overall while helping to bolster export earnings and treasury receipts. The Castillo administration has produced proposals…
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DOI: 10.1108/OXAN-DB265609
ISSN: 2633-304X
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LATIN AMERICA: Pandemic-induced crisis will deepen
A second wave of the pandemic is currently under way and will prolong these impacts, delaying recovery this year. The slow roll-out of available vaccines will further extend the…