Peru Economy System
Peru’s economy system is Peruvian Economy. The World Bank classifies the Peruvian Economy as upper middle income. Their economic system is Free Market.
Advantages Of Peru's Economy
They are classified as upper middle income. They are a solid and stable economy.
Disadvantages Of Peru's Economy
Inequality persists and the distribution of the country's growing wealth to all Peruvians seems difficult. Especially the poor infrastructure in Peru's provinces not only obstructs more investment in these areas but as well efforts to spread the growth. Additionally political disputes and protests against foreign investors may impede development of some projects related to natural resource extraction exactly in these regions.