Peru
Subtitle: staying the course of economic success
By: editors Alejandro Santos and Alejandro Werner
Contributors: International Monetary Fund
Publisher: International Monetary Fund
Published: 2015
Place of publication: [Washington, D.C.]
Language: eng
Number of pages: 441
ISBN-13: 9781513599748
Subjects: Economic conditions; Economic development; Fiscal policy; Monetary policy; Financial institutions; Foreign exchange rates
Description: Peru stands out among Latin American countries as an example of successful economic reforms over the past decade. This comprehensive look at Peru's economy traces that country's journey from a debt crisis in the 1980s to having buffers in place that allowed it to emerge unscathed from the global financial crisis. The book examines the steps Peru undertook to achieve these results and extracts lessons to be learned. Chapters are written by IMF staff and Peruvian economists
Notes: Includes bibliographical references.

Also available online.
Table of contents: title: Peru's recent economic history: from stagnation, disarray, and mismanagement to growth, stability, and quality policies / Renzo Rossini and Alejandro Santos; title: Explaining the Peruvian growth miracle / Kevin Ross adn Juan Alonso Peschiera; title: Investment dynamics in Peru / Kevin Ross and Melesse Tashu; title: The role of fiscal policies in Peru's transformation / Svetlana Vtryurina; title: Evolution of fiscal rules in Peru / Cesar Liendo; title: Fiscal framework alternatives for a resource-rich country / Svetlana Vtyurina; title: The tax system and administration as pillars for solid fiscal accounts / Ricardo Fenochietto ... [et al.]; title: Modernization of Peru's public financial management systems / Maria Pessoa, Israel Fainboim, and Almudena Fernández; title: Fiscal decentralization: progress and challenges for the future / Adrienne Cheasty and Juan Pichihua; title: The role of public-private partnerships in closing infrastructure and public services gaps / Giancarlo Marchesi and Alvaro Valencia; title: Monetary policy in a partially dollarized economy: Peru's experience with inflation targeting / Adrián Armas, Alejandro Santos, and Melesse Tashu; title: Global policy spillovers and Peru's monetary policy: inflation targeting, foreign exchange intervention, and reserve requirements / Renzo Rossini, Adrián Armas, and Zenón Quispe; title: Capital flows, monetary policy, and foreign exchange intervention in Peru / Renzo Rossini, Zenón Quispe, and Donita Rodríguez; title: The Peruvian financial system from 1990-2014: balancing development and financial stability / Javier Poggi ... [et al.]; title: Drivers of dedollarization in Peru / Mercedes García-Escribano; title: Banking sector spreads and bank competition in Peru / Kevin Ross and Juan Alonso Peschiera; title: Institutional frameworks for macroprudential policy: considerations for Peru / Mercedes Vera Martin; title: Trade evolution and policy challenges / Yu Ching Wong; title: Drivers of Peru's equilibrium real exchange rate: is the nuevo sol a commodity currency? / Melesse Tashu; title: Motives and effectiveness of foreign exchange interventions: evidence from Peru / Melesse Tashu; title: Measuring external risks in Peru: insights from a macroeconomic model for a small, open, and partially dollarized economy / Fei Han; title: Advances and challenges in social policies / Yu Ching Wong; title: Some thoughts on fiscal policy and the unfinished agenda / Alonso Segura; title: The future of monetary policy / Julio Velarde; title: Making growth inclusive: establishment of the Ministry of Social Development and Inclusion / Carolina Trivelli.