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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
The government proposes banning new contracts for thermal coal exploitation, shortening timeframes for mining exploration and introducing new environmental regulations that could…
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DOI: 10.1108/OXAN-DB285869
ISSN: 2633-304X
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Geographic
Topical
Peru is already in technical recession, reflecting both adverse domestic and international conditions. Private investment, including in the all-important mining sector, has…
Informal mining accounts for a large proportion of employment in an industry otherwise dominated by large-scale capital-intensive operations. Most small-scale miners are engaged…
Exports last year reached record levels, although imports were almost as high. President Luis Arce's government has had some success in reducing the fiscal deficit, but this too…
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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Geographic
Topical
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
Keywords
Geographic
Topical
The 2018 currency crisis left the economy in one of the deepest downturns of the last decade, repeating the cyclical pattern in place since 2011 of one year of growth followed by…
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DOI: 10.1108/OXAN-DB240627
ISSN: 2633-304X
Keywords
Geographic
Topical
It forecasts that although activity will contract this year, growth in 2021 will be stronger than expected before the pandemic.