Peru

Once home to the Inca Empire, Peru finally achieved its independence from the Spaniards in 1821 and has since then undergone periods of political unrest and fiscal crisis as well as periods of stability and economic upswing. This turbulent historical development as well as multiethnic population, including Amerindians, Europeans, Africans and Asians, has resulted in a wide diversity of expressions in fields such as art, cuisine, literature, and music.

Peru is considered an emerging market with extensive reforms allowing for sustained economic development since 1993. Recent economic growth has been fueled by macroeconomic stability, improved terms of trade, and rising investment and consumption. Peru’s natural resources are beginning to gain attention from international investors and the country is beginning to make strides to increasing its appeal for foreign investors in order to help overcome its two most urgent issues – high unemployment and lack of educated workforce. Beautiful, fascinating and newly emerging, Peru is a country to watch develop.