Legal Framework
From The Report: Peru 2012
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OBG introduces various aspects of the Peruvian legal system, in cooperation with its local legal partner, Estudio Echecopar. This chapter includes a viewpoint from Javier Tovar Gil, Partner, Estudio Echecopar.

Articles from this Chapter

Viewpoint

Javier Tovar Gil, Partner, Estudio Echecopar, on regulatory stability
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I made a presentation to a group of potential private investors from Asia 15 years ago when they were exploring business opportunities in Latin America and had concerns about Peru’s regulatory framework and legal stability, especially the rules governing foreign investor rights. At that time, our legal economic framework had recently been profoundly overhauled, based on the key concept of the state’s new role. The state abandoned direct entrepreneurship and economic intervention to focus on regulation…