The economist
Hold on tight
Peru s roaring economy http://www.economist.com/news/americas/21571162-biggest-threats-latin-americas-economic-star-are-overconfidence-and-complacency-hold
The article from the economist was about the actual situation of Gamarra in La Victoria district here in Peru, where there is a lot of money produced along the year , 3 billion at the end of the year in only one shopping center that competes with other shopping centers like the ones in Brazil and all around Latin America. This winnings that are produced in Gamarra affect mamy other companies in Latin america and changes the market because it not only sells in Peru , it exports to other countries like Brazil and the people of brazil s main companies take advantage of Gamarra s products that are not too expensive compared with other products exported by Peru. Well, the market here in Peru is not only mining as the article says, the market of shopping in gamarra although is a place that has a lot of crime, grime and poverty, is a very productive way to increase the economy of the country. The government is going to improve about the situation of gamarra by building a new shopping center that will make that place look better because now is not a good-looking place to buy.
Most of the capital flooding into the country is for direct investment by the companies that sell and buy products here in Peru. Other things the article say is are about the importance of the education in Peru that can be improved by growing economy that the government can earn. The last thing that the article talk is about the political fragility by Ollanta Humala that is a business man who can improve the situation of the congress and the police that are not in a good situation nowadays.
Concluding, the country should be able to grow 4% or 5% in the next 5 years and this could be achieved by avoiding problems in Peru that include accidents.
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