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Hernando De Soto (economist)
Hernando Soto Polar (commonly known Hernando de Soto ; born June 2, 1941) is a prominent Peruvian economist known for his work on the informal economy and on the importance of business and property rights. His work on the developing world has earned him praise worldwide by numerous heads of state, particularly for his publication ''The Mystery of Capital'' and ''The Other Path''. He is the current president of the Institute for Liberty and Democracy (ILD), a think tank devoted to promoting economic development in developing countries located in Lima, Peru.Institute for Liberty and Democracy, "Hernando de Soto – Detailed Bio". (accessed 16 March 2013) In Peru, de Soto's advisory has been recognized as inspiring the economic guidelines—incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arequipa
Arequipa (; Aymara and qu, Ariqipa) is a city and capital of province and the eponymous department of Peru. It is the seat of the Constitutional Court of Peru and often dubbed the "legal capital of Peru". It is the second most populated city in Peru, after Lima, with an urban population of 1,008,290 inhabitants according to the 2017 national census. Its metropolitan area integrates twenty-one districts, including the foundational central area, which it is the seat of the city government. The city had a nominal GDP of US$9,445 million, equivalent to US$10,277 per capita (US$18,610 per capita PPP) in 2015, making Arequipa the city with the second-highest economic activity in Peru. Arequipa is also an important industrial and commercial center of Peru,Chanfreau, p. 40 and is considered as the second industrial city of the country. Within its industrial activity the manufactured products and the textile production of wool of camelids. The town maintains close commercial links w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Informal Economy
An informal economy (informal sector or grey economy) is the part of any economy that is neither taxed nor monitored by any form of government. Although the informal sector makes up a significant portion of the economies in developing countries, it is sometimes stigmatized as troublesome and unmanageable. However, the informal sector provides critical economic opportunities for the poor and has been expanding rapidly since the 1960s. Integrating the informal economy into the formal sector is an important policy challenge. In many cases, unlike the formal economy, activities of the informal economy are not included in a country's gross national product (GNP) or gross domestic product (GDP). However, Italy has included estimates of informal activity in their GDP calculations since 1987, which swells their GDP by an estimated 18% and in 2014, a number of European countries formally changed their GDP calculations to include prostitution and narcotics sales in their official GDP sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keiko Fujimori
Keiko Sofía Fujimori Higuchi (; ja, 藤森 恵子, Fujimori Keiko; born 25 May 1975) is a Peruvian politician. Fujimori is the eldest daughter of former Peruvian president Alberto Fujimori and Susana Higuchi. From August 1994 to November 2000, she held the role of First Lady of Peru, during her father's administrations. She has served as the leader of the Fujimorist political party Popular Force since 2010, and was a congresswoman representing the Lima Metropolitan Area, from 2006 to 2011. Fujimori ran for president in the 2011, 2016, and 2021 elections, but was defeated each time in the second round of voting. Early life Early life and education Keiko Sofía Fujimori Higuchi was born on 25 May 1975 in the Jesús María district of Lima, the capital of Peru. Fujimori's parents are Japanese Peruvians; her father is former President of Peru Alberto Fujimori, who was elected in the 1990 Peruvian general election, and her mother is Susana Higuchi. In addition, Fujimori w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lost Decade (Peru)
The Lost Decade or the Crisis of the 80s (''La crisis de los 80)'' was a period of economic stagnation in Peru throughout the 1980s which was exacerbated to a severe macroeconomic crisis by the end of the decade. Foreign debt accumulation throughout Latin America, a series of natural disasters, mass public expenditures, nationalizations of banks and financial institutions, and the shutting of Peru out of international credit markets led to a decade of macroeconomic decline. The financial crisis soon became adopted into the public sphere through hyperinflation in commodities, food shortages, and mass unemployment. By the end of the decade, Peru's gross domestic product (GDP) contracted over 20%, and poverty rose to 55%. The 1980s is often deemed as "The Lost Decade" in Peru, as the result of its social and economic crises. As a result of the crisis, large waves of Peruvians immigrated to countries such as the United States, Spain, Italy, Chile, Venezuela and Argentina. The fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RPP (Peru)
RPP may refer to: Academic journals * ''Review of Philosophy and Psychology'' * ''Review of Particle Physics'', a Particle Data Group publication Media * Grupo RPP, a Peruvian media conglomerate ** Radio Programas del Perú, their news radio station * RPP FM, an Australian community radio station Political parties * People's Rally for Progress (french: Rassemblement Populaire pour le Progrès, link=no), Djibouti * Rastriya Prajatantra Party, Nepal * Reformed Political Party, Netherlands * Republican People's Party, Turkey Other uses * Rate pressure product Pressure rate product (also known as ''Cardiovascular Product'' or ''Double Product''), within medical cardiology, specifically for cardiovascular physiology and exercise physiology is used to determine the myocardial workload. Description The cal ..., in heart medicine * Registered Professional Planner, a Canadian qualification * Rho Pi Phi, a professional pharmacy fraternity {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NACLA
North American Congress in Latin America (NACLA) is a non-profit organization founded in 1966 to provide information on trends in Latin America and relations between Latin America and the United States. The organization is best known for publishing the quarterly ''NACLA Report on the Americas'', and also publishes "books, anthologies and pamphlets for classroom and activist use". The ''NACLA Report on the Americas'' print magazine was briefly discontinued in 2015, but relaunched under the Taylor and Francis imprint Routledge in May 2016. For the last 50 years, NACLA has been a source of English-language news and analysis for journalists, policymakers, activists, students and scholars in North America and throughout the world. History Founding In 1966, the founders consisted of civil rights, anti-war, and labor activists. The North American Congress on Latin America (NACLA) was established as a group that performed research for the leftist group Students for a Democratic Soc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitution Of Peru
The Constitution of Peru is the supreme law of Peru. The current constitution, enacted on 31 December 1993, is Peru's fifth in the 20th century and replaced the 1979 Constitution. The Constitution was drafted by the Democratic Constituent Congress that was convened by President Alberto Fujimori during the Peruvian Constitutional Crisis of 1992 that followed his 1992 dissolution of Congress, was promulgated on 29 December 1993. A Democratic Constitutional Congress (CCD) was elected in 1992, and the final text was approved in a 1993 referendum. The current Constitution of Peru differs from the 1979 Constitution in that it gives greater power to the president. For example, it allowed for reelection, reduced the bicameral 240-member congress to a unicameral 120 Congress of the Republic, not only affirmed the president's power to veto found in the 1979 Constitution, but also gave him the power to use a line item veto, and mandated that all tax laws receive prior approval by the M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberto Fujimori
Alberto Kenya Fujimori Inomoto ( or ; born 28 July 1938) is a Peruvian politician, professor and former engineer who was President of Peru from 28 July 1990 until 22 November 2000. Frequently described as a dictator, * * * * * * he remains a controversial figure in Peruvian politics; his government is credited with the creation of Fujimorism, defeating the Shining Path insurgency and restoring Peru's macroeconomic stability, though Fujimori ended his presidency by fleeing Peru for Japan amid a major scandal involving corruption and human rights abuses. Even amid his prosecution in 2008 for crimes against humanity relating to his presidency, two-thirds of Peruvians polled voiced approval for his leadership in that period. A Peruvian of Japanese descent, Fujimori took refuge in Japan when faced with charges of corruption in 2000. On arriving in Japan, he attempted to resign his presidency via fax, but his resignation was rejected by Congress, which preferred to remove him fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neoliberal
Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent factor in the rise of conservative and libertarian organizations, political parties, and think tanks, and predominantly advocated by them, it is generally associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society. The defining features of neoliberalism in both thought and practice have been the subject of substantial scholarly debate. As an economic philosophy, neoliberalism emerged among European liberal scholars in the 1930s as they attempted to revive and renew central ideas from classical liberalism as they saw these ideas diminish in pop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austerity
Austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower government spending. Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures. Proponents of these measures state that this reduces the amount of borrowing required and may also demonstrate a government's fiscal discipline to creditors and credit rating agencies and make borrowing easier and cheaper as a result. In most macroeconomic models, austerity policies which reduce government spending lead to increased unemployment in the short term. These reductions in employment usually occur d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Regulation
Regulatory economics is the economics of regulation. It is the application of law by government or regulatory agencies for various purposes, including remedying market failure, protecting the environment and economic management. Regulation Regulation is generally defined as legislation imposed by a government on individuals and private sector firms in order to regulate and modify economic behaviors. Conflict can occur between public services and commercial procedures (e.g. maximizing profit), the interests of the people using these services (see market failure), and also the interests of those not directly involved in transactions (externalities). Most governments, therefore, have some form of control or regulation to manage these possible conflicts. The ideal goal of economic regulation is to ensure the delivery of a safe and appropriate service, while not discouraging the effective functioning and development of businesses. For example, in most countries, regulation controls ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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