Peru: and the economic fall harder

Radical left presidential candidate Pedro Castillo greets supporters on June 8, 2021 in Lima, Peru.

© Gian MASKO / AFP

By: Jean-Pierre Boris Follow

16 mins

On July 28, 2021 if all goes well, Peru will inaugurate its new president.

If all goes well because after the second round of the elections, on June 6, the contestation of the results means that the National Electoral Tribunal has not yet formalized the victory of Pedro Castillo.

Despite the protests of the opposing camp, the candidate of the Peruvian radical left seems to have won according to the final count.

Publicity

→ The

Elections in Peru website

This will allow us to focus on its program and, through this program, to describe in detail the state of the Peruvian economy. A Peruvian economy that has experienced thirty years of uninterrupted growth before everything collapsed with the Covid-19 pandemic. The economic crisis shattered the country's apparent success, and exposed the gaping flaws in its system.

What happened for thirty years?

What were the recipes applied by the different governments?

A great mining power, has Peru managed not to depend on its mineral exports?

Has growth made it possible to reduce poverty and to bridge inequalities?

And what was the exact impact of the pandemic?

Will Peru recover quickly from the current crisis?

These are some of the questions that will be raised during this program and which will be answered by the three guests here.

- Javier Herrera

is an economist, research director at

IRD, the French Institute for Development Research, which

he represents in Peru.

Javier Herrera has long worked in Cameroon, Benin, Senegal

- Marie-Esther Lacuisse

is an associate researcher at

IHEAL-CREDA, the Center for Research and Documentation of the Americas

- Gaspard Estrada

is the Executive Director of

OPALC, the Political Observatory of Latin America and the Caribbean at Sciences-Po.

The reports: 

► 

The pandemic has plunged more than 3 million additional Peruvians into poverty.

As a result, a third of the population now lives below the poverty line, or on less than $ 100 per month.

And it is the Limenians who are the most affected by this degradation: the poverty rate in the Peruvian capital fell from 14% before the pandemic to 27.5%.

Thousands of families are now struggling to eat and have found themselves frequenting soup kitchens, the number of which has exploded in recent months, especially on the outskirts of Lima.

This is an

Eco from here

report

Eco from elsewhere

by Wyloën Munhoz-Boillot. 

ECO REPORT FROM HERE PERU POPULAR SOUPS

► 

If his victory is confirmed, Pedro Castillo, the candidate of the radical left, will be the new president of Peru. He will take up his duties on July 28, 2021. This teacher from the Andes is a mystery. He always appears wearing a wide-brimmed white straw hat, typical of the Cajamarca region where he is from. He ran under the banner of Peru Libre, a Marxist-Leninist party with an anti-liberal roadmap. Its program includes the nationalization of companies exploiting strategic resources. Although he has moderated his remarks in recent weeks, Pedro Castillo remains very vague on the policy he would implement in economic matters. Let's go see what it is with this report

Eco from here Eco from elsewhere

signed Wyloën Munhoz Boillot. 

ECO REPORT FROM ICI PERU CASTILLO PROGRAM

► 

Mining is one of the few sectors whose activity has not been interrupted during the pandemic and the successive confinements in Peru.

And yet, when we look at the areas with the highest poverty rate, the 5 regions at the top of the ranking are all home to major mining projects (Huancavelica, Ayacucho, Pasco, Huánuco and Cajamarca) and have some of the highest budgets in the world. country.

So how do you explain this paradox?

This is an

Eco from here

report 

Eco from elsewhere

by Wyloën Munhoz Boillot, who traveled to the Cajamarca region in the Andes, north of Lima. 

ECO REPORT FROM HERE PERU GOLD MINING AND POVERTY

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