Peru: 2012 Article IV Consultation

February 22, 2013

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Peru: 2012 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed December 24, 2024

Summary

This paper discusses Peru’s economic performance in 2012. The impressive growth is owed to its strong fundamentals and sound policy management. However, the economy is vulnerable to short-term shocks. A low growth in China or in the United States could hamper Peru’s macroeconomic performance. The Executive Board has identified structural reforms for improving productivity, and recommends proactive use of macroprudential measures to limit financial vulnerabilities in the context of large capital inflows and strong credit growth.

Subject: Balance of payments, Capital inflows, Credit, Currencies, Economic sectors, Foreign exchange, Money, Public debt, Public sector

Keywords: Anti-inflationary stance, Authority, Capital inflows, CR, Currencies, Foreign currency, Global, Growth shock, ISCR, Peru, Peruvian authorities, Poverty rate, Private sector, Public sector, Reserve adequacy

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/045
Stock No:

1PEREA2013001
ISBN:

9781475578508
ISSN:

1934-7685

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