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Latest News in Peru / Archive
Economy | 18 September, 2009 [ 12:17 ]
Peru will lead Latin American growth, says Consensus Forecast
LivinginPeru.com
Isabel Guerra
Once the present world financial crisis is over, Peru will lead Latin America's economic growth, according to the latest regional report by Consensus Forecast.
Only four countries are expected achieve positive results in 2009. Mexico will have the biggest drop, 6.8%, while Ecuador will drop by 3.1%, Costa Rica by 2.6% and Chile by 1.8%.
Tomás Flores, Director of Studies of the Instituto Libertad y Desarrollo (LyD) in Chile, told El Mercurio newspaper that Peru's expansion is “due to the fact that the crisis found this nation in the middle of an opening to foreign investments.”
George Lever, from the Santiago de Chile Chamber of Commerce, estimates that Peru will be one of the countries that will overcome the crisis sooner.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
Isabel Guerra
Once the present world financial crisis is over, Peru will lead Latin America's economic growth, according to the latest regional report by Consensus Forecast. Only four countries are expected achieve positive results in 2009. Mexico will have the biggest drop, 6.8%, while Ecuador will drop by 3.1%, Costa Rica by 2.6% and Chile by 1.8%.
Tomás Flores, Director of Studies of the Instituto Libertad y Desarrollo (LyD) in Chile, told El Mercurio newspaper that Peru's expansion is “due to the fact that the crisis found this nation in the middle of an opening to foreign investments.”
George Lever, from the Santiago de Chile Chamber of Commerce, estimates that Peru will be one of the countries that will overcome the crisis sooner.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
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