Political instability has blighted Peru, whilst corruption remains an issue. The economy is expected to recover swiftly from the Coronavirus (COVD-19) pandemic, helped by growing exports and a rebound in domestic demand. However, its mining sector raises exposure to commodity price shocks. Although its large consumer market is attractive, poverty could limit discretionary spending. Greater internet use and higher mobile subscriptions will support e- and m-commerce, but innovation is lacking.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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