Social and Economic Conditions of Peru and Countries of the Pacific Alliance

Reyes Giovanni E., Cheyne Alejandro and Useche Alejandro
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Reyes Giovanni E.: Full, tenure professor, Universidad del Rosario, Bogotá, Colombia
Cheyne Alejandro: Dean, School of Business, Universidad del Rosario, Bogotá, Colombia
Useche Alejandro: Tenure professor, Universidad del Rosario, Bogotá, Colombia

Mediterranean Journal of Social Sciences, 2018, vol. 9, issue 2, 81-92

Abstract: The main aim of this research is to present a study regarding the economic and social performance of Peru in recent years, compared to the countries that constitute the Pacific Alliance, namely: Chile, Colombia, Mexico and Peru. This research links Peruvian economic performance in the context of this country’s political dynamics and social implications. It is important to emphasize that Peru is one of the Latin American countries less impacted by the financial crisis of 2008. One of the conclusions of the study points out that there has been a significant degree of economic growth, but the external debt levels are also rising, and this group of countries, with the exception of Mexico, to some extent, continues to be heavily dependent on exports based on raw materials, natural resources and commodities.

Keywords: Latin American economies; Peruvian economy; Pacific Alliance (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:mjsosc:v:9:y:2018:i:2:p:81-92:n:8

DOI: 10.2478/mjss-2018-0028

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