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Peru
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FactsBackground: Ancient Peru was the seat of several prominent Andean civilizations, most notably that of the Incas whose empire was captured by the Spanish conquistadors in 1533. Peruvian independence was declared in 1821, and remaining Spanish forces defeated in 1824. After a dozen years of military rule, Peru returned to democratic leadership in 1980, but experienced economic problems and the growth of a violent insurgency. President Alberto FUJIMORI's election in 1990 ushered in a decade that saw a dramatic turnaround in the economy and significant progress in curtailing guerrilla activity. Nevertheless, the president's increasing reliance on authoritarian measures and an economic slump in the late 1990s generated mounting dissatisfaction with his regime, which led to his ouster in 2000. A caretaker government oversaw new elections in the spring of 2001, which ushered in Alejandro TOLEDO Manrique as the new head of government - Peru's first democratically elected president of Native American ethnicity. The presidential election of 2006 saw the return of Alan GARCIA Perez who, after a disappointing presidential term from 1985 to 1990, has overseen a robust macroeconomic performance. note: data are in 2010 US dollars GDP (official exchange rate): $153.5 billion (2010 est.); GDP - real growth rate: 8.7% (2010 est.); 0.9% (2009 est.); 9.8% (2008 est.); GDP - per capita (PPP): $9,200 (2010 est.); $8,600 (2009 est.); $8,700 (2008 est.); note: data are in 2010 US dollars GDP - composition by sector: agriculture: 5.8%; industry: 33%; services: 52.6% (2010 est.); Population below poverty line: 34.8% (2009); Household income or consumption by percentage share: lowest 10%: 1.5%; highest 10%: 37.9% (2006); Labor force: 15.68 million (2010 est.); Labor force - by occupation: agriculture: 0.7%; industry: 23.8%; services: 75.5% (2005); Unemployment rate: 7.9% (2010 est.); 8.4% (2009 est.); note: data are for metropolitan Lima; widespread underemployment Budget: revenues: $44.91 billion; expenditures: $47.04 billion (2010 est.); Industries: mining and refining of minerals; steel, metal fabrication; petroleum extraction and refining, natural gas and natural gas liquefaction; fishing and fish processing, cement, textiles, clothing, food processing; Industrial production growth rate: 8.5% (2010 est.); Electricity - production: 35.79 billion kWh (2008 est.); Electricity - consumption: 31.74 billion kWh (2008 est.); Electricity - exports: 111.9 million kWh (2008 est.); Electricity - imports: 0 kWh (2008 est.); Statistics: CIA World Factbook. PressCaretas(Liberal newsmagazine), Lima Con Nuestro Peru(Independent newsmagazine), Lima Correo(Independent, conservative), Lima El Comercio(Centrist, largest circulation), Lima El Diario del Cusco(Independent), Cuzco Peru in the NewsDisplaying 1 to 4 of 33 items. Water Grabs Power Predatory DevelopmentDevelopment that depends on “water grabbing” threatens Latin America’s ability to conserve wetland-based communities and ecosystems. Ayahuasca in Peru: Mysterious and Magical MedicineIn the Amazon rainforest there is a vine that, when cooked into a tea with certain leaves, becomes a medicine capable of transforming lives. Re: Peru's Less-Than-Benign Environmental PolicyState of the AmazonIf Peru's politicians wish to reap the benefit of governing the Amazon, they would be wise to consider working harder to preserve its delicate state, as opposed to weakening environmental regulations. |
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