Country Analysts

Alfredo Thorne
Former Minister of Economy and Finance

In The News


Click here to access the latest Macroeconomic Databank

Recent Country Insights

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No letup in political risk, as government prepares tax package
PERU - Report 22 Nov 2021
When Mirtha Vásquez was chosen by President Pedro Castillo to replace Guido Bellido as prime minister, most analysts took this as an indication that the president was moving toward a more moderate, conciliatory sociopolitical stance, and markets rallied in response. In fact, out of the eight mini...

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President Castillo reshuffles Cabinet; real GDP growth forecast revised up
PERU - Report 21 Oct 2021
President Pedro Castillo reshuffled his Cabinet on October 6th. This followed a two-month period in which Castillo’s main challenges have originated in his own Cabinet, especially among representatives of his Perú Libre party, and the party’s head, pro-Cuban left-wing radical Vladimir Cerrón. Whi...

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Peru: President Castillo reshuffles his Cabinet
PERU - In Brief 08 Oct 2021
On Tuesday night, October 5, President Castillo, dismissed his controversial Prime Minister Mr. Guido Bellido and reshuffled his Cabinet. Overall the message is positive. Mr. Bellido was a highly controversial individual and many times undercut President Castillo. The latest was the nomination of...

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Caught in a crossfire, Castillo offers more government spending
PERU - Report 21 Sep 2021
After seven weeks in government, the new president has proven difficult to read. Pedro Castillo’s indecisiveness may be explained by his being caught in the crossfire between his own supporters and the opposition parties in Congress. Castillo has so far kept a low profile: he has delivered only o...

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Castillo pushes ahead with his radical program
PERU - Forecast 17 Aug 2021
After less than a month in office, President Pedro Castillo has offered few signs of softening his radical stance, in particular relation to economic policy. At his inauguration speech on July 28th, and the following day, with the appointment of his first Cabinet, he confounded the expectations o...

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Peru Webinar: Reviewing the next government's policies
PERU - Report 30 Jul 2021
Visit our Events Calendar to watch the replay of our latest Peru Webinar featuring Dr. Alfredo Thorne. Following the inauguration, Dr. Thorne discusses the new president's political and economic plans and how new leadership will impact Peru.

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Upcoming Peru Webinar: Reviewing the next government's policies
PERU - Report 23 Jul 2021
Join us for our live Zoom Webinar on Thursday, July 29, 2021, as our Peru Political Analyst Dr. Alfredo Thorne discusses the new president's political and economic plans following the inauguration.

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Castillo confirmed as president, as nation awaits July 28th speech
PERU - Report 19 Jul 2021
On July 21st, more than a month after the June 6th second round of the presidential election, the Jurado Nacional de Elecciones (JNE, the National Election Tribunal) is due to announce that Pedro Castillo Terrones of the Perú Libre party has won the election, and will become Peru’s 63rd president...

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Victor likely to have a weak mandate
PERU - Report 14 Jun 2021
Most commentators expected a close result in the June 6th presidential election second-round runoff between Keiko Fujimori of Fuerza Popular and Pedro Castillo of Perú Libre. But few foresaw the razor’s-edge margin that would ultimately mean that the Jurado Nacional de Elecciones (JNE, the Electo...

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