Alan Garcia

Most of my articles in what I have referred to Peru, he highlighted the strength of the economy and the strong growth that comes watching the country, beyond the awards he receives as so valued investment grade. Perhaps, when he highlighted the benefits of the Peruvian economy, didn’t do too much focus on the social question. But the Peruvian people, with angry complaints, did know clearly that despite the economic achievements, its fruits are not shared among the entire population. I understand that the benefits of the Peruvian economy, investment opportunities were in that country. These opportunities are still and multiply as the economy continues to grow. But you can also find opportunities of investment in the improvement of the social situation. In relation to the social problems, Alan Garcia returned to reiterate its objective to reduce the country’s poverty to 30%, in 2011 when completes its mandate: I reiterate my commitment, we will reduce poverty to 30% at the end of my mandate. In the immediate term, the objectives of the Government of Alan Garcia are three: reducing poverty, contain inflation and grow in a prudent manner: is better to move forward with firm step that a big leap and fall in a vacuum.But beyond which proclaimed Alan Garcia, from several sectors it accused of deepening inequality among Peruvians.

One of the voices against the Government of Alan Garcia is the main leader of the opposition, Ollanta Humala, who demanded to Alan Garcia changes in economic policy and called for an overall increase of wages and salaries which offset the effect of inflation, which is projected for this year by almost 6%. Obviously that, depending on what was said by Alan Garcia, if wage improvements eventually endanger the inflationary stability, they would really unlikely to materialize. A relevant fact about the pressures facing the Government in this aspect, gives a study conducted by the University of Belgrano of Argentina, which indicates the minimum wage in Peru, is among the lowest in the region (according to the law in force in Peru, the vital minimum wage reaches the new 550 soles per month, an average of US $190). But beyond these claims, the truth is that it seems that the Alan Garcia commitment to the fight against poverty is serious. Therefore, assuming that they would achieve the objectives of improvement in the social situation, interested investors know if this is a source of business opportunities. It is that social improvements will generate a momentum of domestic demand in Peru. Poverty reduction and the improvement in the purchasing power of the population (currently, the per capita income in Peru is already in the $4,000), generate business opportunities for domestic consumption-oriented sectors. So for example, and how to comment on them in an article in the month of February relying on the internal forces of Latin America, glimpsing the prospects for domestic demand, the Chilean Cencosud (IPSA:CENCOSUD), He decided to settle in Peru after the purchase of the Wong supermarket group. Censosud is one of many companies that are looking to Peru with good eyes to invest, given improvements in purchasing power that has reached the country and very good prospects that are anticipated for the same. The search for an economic improvement for the Peruvian population is something widely claimed by different sectors of the country, which surely as soon as you achieve materialize, will become another reason that foreign companies interested in Peru. You will find us again tomorrow, Horacio Pozzowww.latinforme.com original author and source of the article.

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