Peru Looks to Sustain Growth in Wake of the Commodities Bust
Published on: Wednesday 16 September 2015
Whenever elections loom in Peru, presidential hopefuls distance themselves from the mines and energy projects that form the backbone of the country’s economy. Ollanta Humala, the current president, won in 2011 by attacking the mining industry for failing to consult with local communities and turn over more benefits to them. And that was at the height of a commodities boom that supercharged Peru’s growth rate. Pedro Pablo Kuczynski, an early favorite in the race to succeed Humala, doesn’t even mention mining in his campaign literature for the 2016 presidential election.
