Companies

Winning companies in Peru 31 August 2009 provided that we write about Peru, received lots of comments for and against the economic situation of the country. The economic policy of the Government of Alan Garcia generates great controversy since despite being successful in terms of economic growth and development, does not attend with the urgency that it deserves, the social debt. Towards the end of 2008, the level of poverty affecting 36.2% of the population in Peru. ECLAC recognizes advances in the country in reducing poverty while at the same time, it anticipates that the crisis will put a brake to the improvements and will delay the reduction of poverty levels. Last Friday it was announced that the Peruvian economy had contracted 1.1% year on year during the second quarter of the year, for the first time in eight years by the fall in external demand (of 6.3%) and investment (24.6%), implying this way, a brake for the improvement of social conditions. As worrisome as the poverty in Peru, is the existing difficulty to get out of it. Jose Carlos Saavedra, Professor of the Faculty of Economics of the Universidad Peruana de Ciencias Aplicadas (UPC), the graph clearly: Peru, a person who is born in a poor region and is of poor parents, is practically condemned to poverty and this is supported by studies. One of the elements in which the Peruvian Government should work is to ensure the media so that the population has chances of reversing their situation.

Mechanisms of Equalization of opportunities is a basic element and the most noble for greater social equality. Healthy economic policy carried out by the Government of Alan Garcia undoubtedly will return to Peru to its path of vigorous growth. And the return to growth will be a vital opportunity for the Peruvian economy resolutely geared to reducing social inequality mainly via the Equalization of opportunities. The crisis has forced a stand of large number of investment projects in Peru.