Searcher
Hugo Perea
Hugo Perea
Chief Economist
Lima

Hugo Perea is an economist with a MSc degree in Economics by the London School of Economics, UK. Hugo has also attended several courses and seminars at international institutions as the IMF, the World Bank and the Federal Reserve.


He joined BBVA Group in May 2004, and currently he is the Chief Economist at Peru for BBVA Research. Before joining BBVA, Hugo worked at the Central Bank of Peru for more than 11 years, and there he was the Head of the Departments of Analysis and Financial Programming and of Econometric Models, areas directly involved with the monetary policy design. Also, as part of his experience in the public sector, Hugo was a member of the Board of the Tax Administration Service from 2011 to 2014.


On the academic side, Hugo teaches courses on Macroeconomics, Monetary Theory and Financial Crises in the most important Peruvian universities and has published papers on these subjects.

Latest publications

Populism generates significant negative impacts on economic activity and democratic institutions. On the economic side, it leads to the adoption of lousy public policies. And on the institutional side, populism induces confrontation and instability.
Proposals to authorize new withdrawals from private pension funds do not seem to be a priority when the economy is recovering and exploiting today's youth the burden of doing something in the future for those left unprotected today.
Taking into account a less favorable external scenario, we have revised downwards the growth forecasts for 2022 and 2023, from 2.3% to 2.0% in the first case and from 3.0% to 2.8% in the second.