Latin American Economy & Business - September 2014 (ISSN 1741-7430)

The mid-September resignation of Luis Miguel Castilla as Peru’s economy & finance minister, and his replacement by Alonso Segura Vasi, is unlikely to result in major changes to the country’s longstanding orthodox economic policy stance. Segura’s main challenge is to counter the economic slowdown and make sure that the gains to date – including a sharp reduction in poverty rates – are not eroded before the next scheduled general election in 2016.