Economic Liberalism in Peru

Patricia Saenz-Armstrong

Econ Journal Watch, 2018, vol. 15, issue 2, 179–200

Abstract: Economic liberalism has not developed as a strong or widespread line of thought in Peru. Yet over the long run, Peru has moved towards greater economic freedom. After decades of roller-coastering through socialism, populism, and a terrible episode of hyperinflation, Peru has put in place certain elements that help to ensure a path towards a freer and more secure market economy. However, a weak and often corrupt political class, an undereducated population, and incomplete institutional reforms remain as challenges to the consolidation of economic liberalism in Peru.

Keywords: Jose Manuel Rodriguez; Mario Vargas Llosa; Hernando De Soto; Alberto Fujimori (search for similar items in EconPapers)
JEL-codes: A13 O54 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ejw:journl:v:15:y:2018:i:2:p:179-200

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