After the Peruvian economy contracted by 11.1% during 2020, the Nobel Prize for Economics Michael Spence affirmed that the projections made regarding the recovery are optimal. “The decreasing trend could have been perhaps flatter –in comparison to the sharpened contraction in Peru compared to other neighboring countries–, but we see that the projected growth for […]
Tag: michael spence
Michael Spence: “Projected growth for 2022 is quite respectable”
After the 11.1% fall of the Peruvian economy during the first year of the pandemic, the 2001 Nobel Prize in Economics, Michael Spence, considers that the recovery projections are optimal. “The downward trend could perhaps have been flatter – compared to the sharpened contraction in Peru compared to other neighboring countries – but we see […]