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Economy & Business - October-November 2012 (ISSN 1741-7430)
PERU: Sorting the wheat from the chaff
Peru is still one of the few bright spots in the region, enjoying fast and broad-based growth with low inflation. With average real annual growth of 6% plus in recent years it has attracted intense investor interest. Local authorities are becoming a little uneasy about the large capital inflows, which are causing unwanted effects on the economy. Economy & Finance Minister Luis Miguel Castilla suggests that the government is considering g legislative measures to control speculative capital inflows.
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