The Peruvian solid economy (GDP growth rate of 6.3% in 2012), the inflation (that ended the year in 2.65%) and public debt control, together with the country progress in the reduction of the poverty, have been praised by the International Monetary Fund, institution that also expects to come a bigger strengthening of the world economy, especially among the emerging and developing economies.
Latin America: GDP growth 2013-2013
In this context, the Peruvian cities are experiencing sustained expansion process too, with Lima, the capital of the country, as the most significant case and, some important signs of it are for example the increase of the sales in the commercial centers of the city, from US$2.3 billions in 2008 to US$5.3 billions in 2012 and, also the announcement, of the Lima local government, of the current execution of 5 big infrastructure projects, through private investment of about US$2.3 billions.
It is not surprise then that Peru is currently considered, according the Bloomberg Markets Ranking, the 4th best emerging country in the world to invest (just after China, South Corea and Thailand) and the 1st one in the region; reaching also the country record of US$12 billions of direct foreign investment during 2012, means US$ 4 billions more than the total amount obtained in 2011.
Another good sign, this time related to the healthy current openness of Peru towards the global economy, is the recent review made by the prestigious publication The Economist, that indicates that the Pacific Alliance, consisted of Colombia, Chile, Mexico and Peru (some of the most open economies in Latin America), "is a solid proposal and the most exciting event that is currently happening in Latin America".
It's also, during the VII Summit of this Alliance in Colombia this May, that the leaders of that regional trade bloc moved to lower import tariffs between the member countries, a decision that could boost their economic integration efforts. Likewise, it stands out the 17th Round of Negotiations of Trans-Pacific Economic Partnership in Lima, in May too and, that gives Peru a big potential for exporting non traditional products, as metalworking ones to Singapore or non metallic mining ones to Australia. The TPP groups 650 millions people and it is a big incentive for the SMES (Small and Medium Sized Enterprises).