Chapter
Economic Development and Political Strife in Peru
12:41 - 17:28 (04:47)
Rising demand and prices for Peru's natural resources have helped sustain the country's economy even amidst political instability and corruption.
Clips
A former president of Peru, Martin Vizcarra, has been detained over corruption allegations, but many believe he was tricked into trying to dissolve Congress and creating a new government that would rule by decree, as part of a plot by the elites.
12:41 - 13:51 (01:09)
Summary
A former president of Peru, Martin Vizcarra, has been detained over corruption allegations, but many believe he was tricked into trying to dissolve Congress and creating a new government that would rule by decree, as part of a plot by the elites. Corruption is not new in Peru, with six presidents changing since 2016 and widespread accusations of corruption among politicians in Congress.
ChapterEconomic Development and Political Strife in Peru
EpisodeA Crisis in Peru Signals Trouble for South America
PodcastThe Daily
The history of political corruption in Peru has led to a high tolerance for malfeasance, with people excusing it as long as politicians still get things done for their constituents.
13:51 - 14:33 (00:42)
Summary
The history of political corruption in Peru has led to a high tolerance for malfeasance, with people excusing it as long as politicians still get things done for their constituents.
ChapterEconomic Development and Political Strife in Peru
EpisodeA Crisis in Peru Signals Trouble for South America
PodcastThe Daily
Despite economic downturn, Peru continues to experience rising demand for its output, including metals, fishing, mines, and farms.
14:33 - 17:28 (02:54)
Summary
Despite economic downturn, Peru continues to experience rising demand for its output, including metals, fishing, mines, and farms. The developing world, particularly China, has contributed significantly to the increased demand for metals to support expanding infrastructure.