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Peru Economic Research Highlights

Peru emerges as a strategic gateway for investment

In this Growth Perspectives video, OBG details how Peru has become an important investment gateway. Due to its favourable business environment and strategic location along South America’s Pacific...

How is Peru’s tourism agenda bolstering the sector's resurgence?

Explore how Peru is leveraging its tourism sector's development as a growth driver for the rest of the economy. Our new Growth & Recovery video, produced in partnership with the Commission for the...

Report: What role can digital investments play in accelerating growth in Peru’s key industries?

The economic value of new digital technologies is pushing key Peruvian sectors to implement a range of digital strategies and investments to increase operational efficiency and transform their relationships...

Peru & Latin America: Covid-19 Reports

Covid-19 Response Report

Report: What has been the impact of the Covid-19 pandemic on the Peruvian economy?

Although Peru entered the crisis in a strong fiscal position and deployed an aggressive stimulus programme to counter economic fallout, high case counts, stringent restrictions and...

Covid-19 Response Report

Report: How has Covid-19 affected the long-term growth prospects of Peru’s economy?

Although Peru implemented some of the most comprehensive restrictions in the entire region, it has experienced a steady increase in the number of cases and deaths within its territory in recent months...

Covid-19 Recovery Roadmap

Report: What is the outlook for growth for Latin America’s petrochemicals and logistics sectors?

The petrochemicals and logistics sectors have been some of the most exposed industries in Latin America and across the world during the past 13 months. Both critical to the region’s economies...

Covid-19 Response Report

Report: How will working practices across the Americas change as a result of Covid-19?

Although the Americas was one of the last regions to be affected by the Covid-19 pandemic, strict government lockdowns forced companies to adapt to new ways of working in a matter of days at very...

Report: What has been the impact of the Covid-19 pandemic on the Peruvian economy?
Report: How has Covid-19 affected the long-term growth prospects of Peru’s economy?
Report: What is the outlook for growth for Latin America’s petrochemicals and logistics sectors?
Report: How will working practices across the Americas change as a result of Covid-19?
 

ESG Report: How technological advances and sustainability practices are transforming Peru's economy

The mining, agriculture and financial services sectors are essential pillars of GDP, and are fundamental to Peru's socio-economic development and exports...

ESG Intelligence: Peru & The Americas

Global Platform

Víctor Gobitz, CEO, Antamina

In this Global Platform video, Víctor Gobitz, CEO of Peruvian mining company Antamina, discusses how the industry is leveraging new technologies while prioritising the development of highland...

Focus Report

Report: How are stakeholders helping Peru achieve the UN Sustainable Development Goals?

Despite the negative impact of the Covid-19 pandemic – which caused Peru's GDP to contract by more than 11% in 2020 – the economy is recovering and businesses are strengthening their commitments...

ESG Intelligence Report

Report: The financial sector's central role in tackling ESG issues in Mexico

Environmental, social and governance issues are a growing focus in Mexico, particularly social inclusion and transparency, followed by other governance and environmental matters...

Global Platform

Salvador Sánchez, lead partner of agri-business industry, Deloitte México, and Juan José López Forastier, lead partner of agri-business industry, Deloitte Argentina

In this Global Platform video, Salvador Sánchez, lead partner of agri-business industry, Deloitte México, and Juan José López Forastier, lead partner of agri-business industry, Deloitte Argentina, talk about...

Covid-19 Recovery Roadmap

Report: The role of sustainability in post-pandemic tourism diversification in the Bahamas

Small island nations like the Bahamas that rely heavily on tourism revenue have experienced particular challenges when it comes to their post-pandemic recovery. However, development strategies based...

Víctor Gobitz, CEO, Antamina
Report: How are stakeholders helping Peru achieve the UN Sustainable Development Goals?
Report: The financial sector's central role in tackling ESG issues in Mexico
Salvador Sánchez, lead partner of agri-business industry, Deloitte México, and Juan José López Forastier, lead partner of agri-business industry, Deloitte Argentina
Report: The role of sustainability in post-pandemic tourism diversification in the Bahamas
 

Peru Economic Research & Views

Economic News

Latin America remains a key focus of China’s Belt and Road Initiative

As part of efforts to build more resilient global supply chains, Chinese investment in Latin America and the Caribbean under the decade-old Belt and Road Initiative (BRI) is continuing to drive major infrastructure projects and fuel trade. Since its inception in 2013 the BRI has played an important role in powering global economic growth, with emerging markets exporting raw materials to the country and importing refined products in return. However, the country’s transition from a manufacturing-driven economy...


Economic News

The future of commercial drone delivery in global and local supply chains

Emerging markets are capitalising on commercial drone technology to overcome logistics challenges and revolutionise supply chains for many goods and services, with expected benefits for last-mile delivery. While unmanned aerial vehicles (UAVs) are often associated with military usage, commercial UAV usage has grown substantially in recent years as e-commerce and logistics companies increasingly look to drones to enable more efficient delivery. Research firm GlobalData predicts that commercial drones...


Economic News

How digital banking is transforming access to finance in Latin America and the Caribbean

Despite wider economic challenges such as inflation and supply chain disruptions, digital banks and neobanks are continuing to attract new customers and accelerate financial inclusion in Latin America and the Caribbean. Neobanks use apps, software and other technologies to operate exclusively through digital platforms. They are usually limited to bank accounts and cards because they often lack credit institution licences, while digital banks offer the full suite of traditional banking services online...


CEO Survey Analysis

Global CEO Survey: What is on the horizon for emerging markets?

While the recovery period following the Covid-19 pandemic saw the unlocking of major capital in emerging markets, inflationary pressures, fluctuating commodity prices and geopolitical concerns have since tempered the global economic outlook for 2023. Balancing opportunity and risk has become a priority for shareholders and investors, but emerging markets have remained resilient. Some regions, such as the Gulf, are looking to funnel elevated hydrocarbons revenue into sustainable mega-projects, whereas leaders in Asia...


Economic News

The emerging supply chains for lithium in Latin America

With the success of the energy transition closely tied to the ability to store solar and wind power, battery manufacturers are zeroing in on Latin America’s so-called lithium triangle of Argentina, Bolivia and Chile. These three countries alone contain 52m, or 53%, of the 98m tonnes of global lithium reserves, according to the US Geological Survey. In late January Germany’s Chancellor Olaf Scholz visited Argentina and Chile to secure lithium supply for carmakers Mercedes-Benz Group and Volkswagen to..


Economic News

Why some Latin American currencies are outperforming developed economies

Two Latin American currencies – the Brazilian real and the Mexican peso – have outperformed G10 nations and other emerging markets in 2022 despite the sharp appreciation of the US dollar. In late September 2022 the Dollar Index, which compares the dollar to a weighted average of six other currencies, reached a 20-year high, at 114 points. However, as of early October the real was up 7.2% against the dollar in 2022, and the Mexican peso was up 2.5%. The Brazilian real started 2022 at 5.5 to the dollar, fell to a low...


Economic News

Will Latin America’s transport mega-projects revolutionise trade?

As Latin America continues its recovery from the Covid-19 pandemic, several countries are undertaking large-scale transport infrastructure projects to improve regional and international connectivity and trade. One of the region’s most ambitious projects, the Bioceani­c Corridor, aims to connect the Brazilian port of Santos on the Atlantic Ocean with the Chilean ports of Iquique and Antofagasta on the Pacific Ocean through a series of roads. Alongside this transnational motorway, space is also being left for...


Economic News

How will the China-CELAC agreement boost infrastructure in Latin America?

A number of Latin American and Caribbean countries have strengthened their ties with China after signing a wide-ranging economic and political agreement. In December the Community of Latin American and Caribbean States (CELAC), a bloc of 33 countries that includes regional heavyweights such as Argentina, Colombia and Mexico, signed the China-CELAC Joint Action Plan for Cooperation in Key Areas 2022-24. The seven-point agreement outlines plans for greater engagement and cooperation between...


Economic News

After the Russian import ban, could emerging markets help meet the EU’s oil demand?

Emerging markets are exploring opportunities to help meet the EU’s energy demand following the bloc’s announcement that it will ban seaborne imports of oil from Russia. The move, announced on May 30 and set to be implemented by the end of the year, forms part of the sanctions crafted in response to Russia’s invasion of Ukraine in February. Roughly 90% of the EU’s oil imports from Russia arrive on seaborne tankers, with the rest coming through the Druzhba pipeline. The exemption for pipeline imports...


ESG Research & Views - Peru and beyond

Economic News

Can sustainable agriculture address global food security?

In light of the Covid-19 pandemic, supply chain disruptions and broader environmental concerns, many countries are looking to improve the efficiency of agriculture while also reducing its carbon footprint. The drive for sustainable agriculture has gained impetus in recent months, following Russia’s invasion of Ukraine, which curtailed exports of maize, wheat and cooking oil from two of the world’s key producers – raising broader concerns about global food security. Supply constraints are being exacerbated by...


Economic News

Green hydrogen and Latin America’s energy transition

With countries and energy companies around the world looking to accelerate their transitions towards cleaner energy resources, Latin American nations are developing plans to scale up the production, consumption and export of so-called green hydrogen, which is generated from clean energy resources. One of the most recent, high-profile developments came in June, when the Argentine province of Tierra del Fuego – located at the southernmost tip of South America – outlined plans to develop a hydrogen...


Economic News

How can the tourism industry achieve net zero?

The global tourism industry – which accounted for 10% of GDP yet 8% of global emissions in 2019 – is faced with the challenge of ensuring continued growth while at the same time working towards net-zero emissions goals. Several stakeholders in emerging markets and further afield offer useful case studies to understand what a decarbonised future for the industry could look like. A report published in November last year by the World Travel & Tourism Council (WTTC), in collaboration with the UN...


Economic News

Who are the biggest winners in the G20’s debt-relief programme?

The economic fallout of the Covid-19 pandemic has led to the establishment of a number of debt-relief and financing options for cash-strapped countries. But just how many emerging markets have benefitted from these initiatives? Debt was already a big issue before the health crisis. According to the IMF, 36 of the 70 markets classified by the fund as being low income were either at high risk of, or already in, debt distress as of February 2020, prior to the declaration of a global pandemic...


Economic News

The circular economy: blueprint for a sustainable future in Latin America?

As Latin America continues its economic recovery from Covid-19, countries in the region are increasingly looking towards the circular economy as a platform for sustainable future growth. A counterpoint to the “take, make and throw away” linear model, the circular economy denotes an economic system in which products and materials are kept in circulation for as long as possible. In designing things to be as durable, reusable and recyclable as possible, the model places a high importance on...


CEO Survey Analysis

ESG CEO Survey: Is the board room getting greener?

Across government departments, corporate board rooms and management meetings, the implementation of environmental, social and governance (ESG) strategies is at the forefront of current planning. It is not just a symbolic tick in the box either. Shareholders and investors are increasingly factoring ESG strategy and trajectory into their decision-making, and consumers are similarly becoming more aware of the fairness and sustainability of the goods they use, the clothes they wear and the services they pay for...


Beyond Peru: Reports from the Americas

Focus Report

Focus Report: How Mexico’s digital economy benefits from North American regional integration

Amid an uncertain global economic outlook, Mexico has positioned itself as a strategic centre of production, innovation and consumption in the digital economy. This sustained growth is the result of...

Cash Transformation Report

Report: How has public-private collaboration boosted digital and cash transformation in the Bahamas?

Public-private collaboration aimed at boosting digital payments and reducing cash usage in the Bahamas has made gains in a relatively short timeframe. Since the start of the Covid-19 pandemic, policymakers...

Covid-19 Response Report

Report: What investments is Colombia making to digitalise its economy?

Digital acceleration trends are transforming the global economy. Along with a need to diversify exports away from oil, Colombia is investing in technology and digital solutions to boost productivity and...

Covid-19 Response Report

Report: How Mexican industry can capitalise on shifting supply chains and trade patterns

Mexico has rebounded swiftly from the pandemic as economic activity resumed and the country became the first in Latin America to begin a mass vaccination programme. The newly signed US-Mexico-Canada...

Covid-19 Response Report

Report: How Trinidad and Tobago has adapted its digitalisation strategy

Trinidad and Tobago's pre-pandemic ICT policy included an ambitious digitalisation drive to foster economic development and advance digital government. However, the onset of the...

Focus Report: How Mexico’s digital economy benefits from North American regional integration
Report: How has public-private collaboration boosted digital and cash transformation in the Bahamas?
Report: What investments is Colombia making to digitalise its economy?
Report: How Mexican industry can capitalise on shifting supply chains and trade patterns
Report: How Trinidad and Tobago has adapted its digitalisation strategy
 
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