Curriculum Peru's Economy
Peru's Economy
How Peru grew fast despite political chaos: copper and gold mining, the 1990 hyperinflation and Fujishock, an independent central bank, informality, Hernando de Soto's property ideas, fishmeal and anchovies, agro-exports, the Chancay port, Machu Picchu tourism, and a recap.
- Peru at a Glance An overview of Peru, a country of about 34 million people whose economy grew fast in the 2000s despite frequent changes of president, and its mining-based exports. 📄 Read-aloud
- Copper, Gold and Mining Conflicts How Peru became the world's second or third largest copper producer, big mines like Las Bambas, and conflicts with local communities over water and land. 📄 Read-aloud
- Hyperinflation and the Fujishock How Peru suffered hyperinflation of over 7,000% in 1990 under Alan García, and how Alberto Fujimori's shock therapy ended it with price liberalisation. 📄 Read-aloud
- Peru's Independent Central Bank How Peru's central bank, independent under the 1993 constitution, kept inflation low for decades, and managed a partially dollarised economy. 📄 Read-aloud
- Informality in Peru Why around 70% of Peruvian workers are informal, how this limits tax revenue and social protection, and what it meant during COVID-19. 📄 Read-aloud
- Hernando de Soto and Dead Capital How Peruvian economist Hernando de Soto argued that poor people hold dead capital in untitled property, and the land titling programmes that followed. 📄 Read-aloud
- Peru's Economy: Checkpoint 1 Quick checkpoint - five questions on Peru's economy, mining, hyperinflation, the central bank and informality. 5 questions
- Anchovies and Fishmeal How Peru's anchoveta fishery is one of the world's largest, how it feeds global fish farming as fishmeal, and how El Niño disrupts catches. 📄 Read-aloud
- The Agro-Export Boom How Peru turned coastal deserts into farms for blueberries, avocados and asparagus using irrigation, becoming the world's largest blueberry exporter. 📄 Read-aloud
- The Chancay Megaport How China's COSCO built the Chancay port north of Lima, opened in November 2024, to cut shipping times to Asia, and the geopolitical debates it sparked. 📄 Read-aloud
- Machu Picchu and Tourism How Machu Picchu and Peruvian cuisine attract tourists, visitor limits to protect the site, and the economic importance of tourism for Cusco. 📄 Read-aloud
- Lima Versus the Regions How Lima dominates Peru's economy while Andean and Amazon regions lag, the regional canon system sharing mining revenues, and political tensions. 📄 Read-aloud
- Peru's Economy: Recap A recap of Peru's economy, its growth and its challenges. 📄 Read-aloud