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Peru: in need of fresh stimulus

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  • Alix Vigato

Abstract

Driven by the boom in its mining sector and its rigorous macroeconomic policies, since the early 2000s Peru has experienced a period of spectacular development, described as the “Peruvian Miracle”. Nominal GDP in US dollar terms has increased almost fivefold over the last 20 years and the various human development and poverty indicators have made significant progress. This cycle is especially remarkable as it follows two decades, from 1980 to 2000, marked by civil war and economic crisis.

Suggested Citation

  • Alix Vigato, 2023. "Peru: in need of fresh stimulus," Working Paper 06468ec0-60f1-4e25-8c93-8, Agence française de développement.
    • Handle: RePEc:avg:wpaper:en16062
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    File URL: https://www.afd.fr/sites/afd/files/2023-10-10-35-18/AFD-MacroDevFlash_INT-Perou-N50-UK-PDF%20WEB.pdf
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    References listed on IDEAS

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    1. World Bank, 2021. "Peru Mining Sector Diagnostic," World Bank Publications - Reports 36359, The World Bank Group.
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      Keywords

      Pérou;

      JEL classification:

      • E - Macroeconomics and Monetary Economics

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