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Published on Monday, August 22, 2022 | Updated on Monday, August 22, 2022

Peru | Recession or Low Growth Trap?

The probability that the Peruvian economy falls into a trap of low growth and weak job creation is greater than that of a recession.

Key points

  • Key points:
  • The slowdown in economic activity reflects a convergence towards a growth rate of 2%, insufficient to generate quality employment and prosperity.
  • Low growth is the result of weak investment, low-quality public policies, and rapid institutional deterioration.
  • To reverse this situation, it is necessary to regain the confidence of the private sector and measures to boost productivity.

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