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Volume 57 / Social Sciences

ECONOMICS: PERU


CATALINA RABINOVICH, Consultant, Hispanic Division, Washington, D.C.


AS OF THE MID-1990S IN PERU, Fujimori had been reelected and the dramatic economic shifts that had gripped the country ceased. The liberalization process which started at the beginning of the decade continues, however the implementation of the remaining privatizations has slowed considerably. Macroeconomics are no longer of interest. Some signs of populism are beginning to appear, even within economic policies. Nevertheless, the essential goals of the first Fujimori Administration continue to define his current term: the end of terrorism, the control of inflation, and Peru’s reconnection to international economic institutions. Despite the enormous economic and social problems that remain, including the need to strengthen democratic institutions, peace and stability have gained a foothold. Within this relative calm, professionals and researchers are no longer forced to play the role of firefighters as they had for the past three decades. Instead of devoting all their energy to managing crises and dowsing panic, they now have the time and space to think, to be creative, and to develop specific economic and social programs. The works annotated in this section reflect this new found freedom. Many of the studies incorporate current issues, such as gender, ecology, globalization, agriculture and agribusiness, and last but not least, analyses of a fascinating Peruvian phenomenon, Gamarra. It is a pleasure to evaluate issues as important as the ones dealt with during this biennium, leaving to others the role of extinguishing fires.


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