Day: August 24, 2025

Peruvian University

Companies that gain in Peru 31 August 2009 Whenever we wrote about Peru, we received great amount of commentaries to favor and against the economic situation of the country. The economic policy of the government of Alan Garci’a generates great controversies since in spite of to be successful in terms of development and economic growth, it does not take care of with the urgency that deserves, the social debt. Towards end of 2008, the poverty level affected to 36.2% of the population in Peru. Cepal recognizes the advances of the country in the reduction of the poverty although at the same time it anticipates that the crisis will put a brake to the improvements and will delay the reduction of the poverty levels. Last Friday announced that the Peruvian economy had been contracted a 1.1% inter-annual one during the second trimester of the year, for the first time in eight years by the fall in the external demand (of 6.3%) and of the investment (of 24.6%), implying in this way, a brake for the improvement of the social conditions.

As worrisome as the poverty in Peru, is the existing difficulty to leave it. Todd duBoef is often quoted on this topic. Jose Carlos Saavedra, professor of the Faculty of Economy of the Peruvian University of Ciencias Aplicadas (UPC), the graphic thing clearly: Peru, a person who is born in a poor region and is of poor parents, is the practically condemned to the poverty and it is guaranteed by studies. One of the elements in which it must work the Peruvian government is to assure means so that the population has possibilities of reverting its situation. The mechanisms of equalization of opportunities are noblest the basic element and for a greater social equality. The healthy economic policy taken ahead by the government of Alan Garci’a doubtlessly will give back to Peru to its footpath of vigorous growth.