Peru: the spiral of a never-ending crisis (original) (raw)

Peru’s Multidimensional Challenge Part 1 The Political Crisis R Evan Ellis

Global Americans, 2020

This article examines Peru's current political crisis, culminating in the November 2020 hearings by Peru's Congress to remove President Martin Vizcarra over credible corruption allegations, in the context of the current political fragmentation of Peru's congress, as well as multiple pressures on the nation's political system. It also examines possible outcomes from the nation's upcoming 2021 national elections. This article is part one of a three article series examining the challenges facing Peru.

Peru: the case for a revolutionary strategy of development

The structure of the Peruvian economy has not changed much since the decade of the 1960s. The agricultural sector is still one of the major providers of employment and the manufacturing sector has diminished in importance. The service sector seems to be converted in a safety net for all those that are not properly employed. Peru is still predominantly a provider of non-traditional products, especially of minerals. The low level of class consciousness of the Peruvian population, combined with the absolute hegemony of the bourgeoisie, inhibits endogenous economic growth and keeps the country heavily dependent on foreign capital. A revolutionary strategy of development based on those social layers that actually put the system in check, conceptualized as a process that advances in accordance with the changes in the correlation of class forces, might be the key to change the structure of the economy and a stepping stone towards a society without exploitation and oppression.

PERU IN THE TWENTY-FIRST CENTURY:CONFRONTING THE PAST,CHARTING THE FUTURE

VANESSA JOAN GRAY 180 the uN Security councir. w'ithin this favorabre climate the Santos government aPpears determined, to pursue Peace;; ;;;llas and invest in reducing inequality' But since 1946 iolo.rrbi" h", .;;;ienc.ed armed con{lict involving atrocities against civilians.-lvlillions h",,. lo't their homes and livelihoods' and hundreds o*f thorrr"nds have. been killed. No .ot'ntry in the Americas has had to endure so much violence f.

Peru: The External and Internal Adjustment Challenge

Journal of Economics Finance and International Business

This paper sketches some of the main external and internal macroeconomic challenges confronting Peru over the nearand medium-term. It argues that Peru's main macroeconomic challenges could be summarized in three main headings: First, the Peruvian economy is currently in a period of transition from the biggest resource boom since the mid-1950s to a "new normal" characterized by weaker foreign demand, falling metal prices and expectations of rising interest rates at the international level. Transition to a "new normal" has its own challenges, which, in the case of a small open economy like Peru, are currently being heightened by the abovementioned global conditions.