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Peru 2002: A positive outlook at last - December 2001 |
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Incan Mythology speaks of the Lady of the Moon, a person of royal blood who had been transported into the Heavens and given a bottle filled with water that she was to pour upon the earth when it was needed to ward off drought. She had a brother who, when angry, created thunder and lightning. During one such tantrum he broke the jar of water and there was a flood. This mythological metaphor comes to mind when forecasting the country's economy. Peru is blessed with mineral resources, but cursed by el Niño every 8 years, and has been led by some of the world's most colorful political characters. 2001 capped the end of a "thunderous" two-year period in Peruvian politics and four years of economic "drought". Peruvians have waited fifty months for some sign of recuperation. 2002 will bring the growth that the economy so desperately needs, marking Peru one of the more promising markets in the region next year.
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Kroll commissioned the Economist Intelligence Unit to conduct a worldwide survey on fraud and its effect on business in 2008.
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