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This tag is associated with 2 posts

How Peru’s Drug Trade Is Threatening Its Economic Growth

Posted by ETFalpha ⋅ August 23, 2015 ⋅ 1 Comment

By Neil Pyper Peru has been hailed an emerging market success story, with more than a decade of GDP growth in excess of 6%. While booming mining exports have been the overwhelming driver of this, the shopping malls and SUVs in Lima and other major cities are evidence that domestic demand has also been buoyant. … Continue reading →

Peru Faces Reclassification To Frontier Market Status

Posted by ETFalpha ⋅ August 22, 2015 ⋅ 2 Comments

Originally posted on The Monetary Express:
Peru’s current classification as an emerging market now hangs in the balance after MSCI announced it may downgrade the South American economy to a frontier market. Emerging markets in general have not being performing well this year, with the MSCI Emerging Markets index down 11% since the start of…