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Lima Consensus
The Lima Consensus are neoliberal, deregulatory, free market and far-right policies Peru adopted since the presidency of Alberto Fujimori that are supported by the nation's economic elite. The description of such policies as the "Lima Consensus" was credited to Harvard University government professor Steven Levitsky. Such policies have made Peru attractive for foreign portfolio investment, though has resulted with increased economic inequality, crime, corruption and poor labor rights. Those who support the Consensus are often free-market fundamentalists and view any economic interventionism as socialism or communism. Background According to José Carlos Orihuela, the belief of limited state intervention held by the elite is due to frequent commodity booms, the weakness of the government, social disparities and the lack of national economists. The Government of Peru displayed little interference in the public sector throughout the nation's history since Peru frequently experienced ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neoliberal
Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent factor in the rise of conservative and libertarian organizations, political parties, and think tanks, and predominantly advocated by them, it is generally associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society. The defining features of neoliberalism in both thought and practice have been the subject of substantial scholarly debate. As an economic philosophy, neoliberalism emerged among European liberal scholars in the 1930s as they attempted to revive and renew central ideas from classical liberalism as they saw these ideas diminish in po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Interventionism
Economic interventionism, sometimes also called state interventionism, is an economic policy position favouring government intervention in the market process with the intention of correcting market failures and promoting the general welfare of the people. An economic intervention is an action taken by a government or international institution in a market economy in an effort to impact the economy beyond the basic regulation of fraud, enforcement of contracts, and provision of public goods and services. Economic intervention can be aimed at a variety of political or economic objectives, such as promoting economic growth, increasing employment, raising wages, raising or reducing prices, promoting income equality, managing the money supply and interest rates, increasing profits, or addressing market failures. The term ''intervention'' is typically used by advocates of ''laissez-faire'' and free market capitalism, and assumes that, on a philosophical level, the state and econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fernando Belaúnde Terry
Fernando is a Spanish and Portuguese given name and a surname common in Spain, Portugal, Italy, France, Switzerland, former Spanish or Portuguese colonies in Latin America, Africa, the Philippines, India, and Sri Lanka. It is equivalent to the Germanic given name Ferdinand, with an original meaning of "adventurous, bold journey". First name * Fernando el Católico, king of Aragon A * Fernando Acevedo, Peruvian track and field athlete * Fernando Aceves Humana, Mexican painter * Fernando Alegría, Chilean poet and writer * Fernando Alonso, Spanish Formula One driver * Fernando Amorebieta, Venezuelan footballer * Fernando Amorsolo, Filipino painter * Fernando Antogna, Argentine track and road cyclist * Fernando de Araújo (other), multiple people B * Fernando Balzaretti (1946–1998), Mexican actor * Fernando Baudrit Solera, Costa Rican president of the supreme court * Fernando Botero, Colombian artist * Fernando Bujones, ballet dancer C * Fernando Cabrera (b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lost Decade (Peru)
The Lost Decade or the Crisis of the 80s (''La crisis de los 80)'' was a period of economic stagnation in Peru throughout the 1980s which was exacerbated to a severe Macroeconomics, macroeconomic crisis by the end of the decade. Latin American debt crisis, Foreign debt accumulation throughout Latin America, a series of natural disasters, mass public expenditures, nationalizations of banks and financial institutions, and the shutting of Peru out of international credit markets led to a decade of macroeconomic decline. The financial crisis soon became adopted into the public sphere through hyperinflation in commodities, Food security, food shortages, and Layoff, mass unemployment. By the end of the decade, Peru's gross domestic product (GDP) contracted over 20%, and poverty rose to 55%. The 1980s is often deemed as "The Lost Decade" in Peru, as the result of its social and economic crises. As a result of the crisis, large waves of Peruvians immigrated to countries such as the United St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PBS NewsHour
''PBS NewsHour'' is an American evening news broadcasting#television, television news program broadcast on over 350 PBS Network affiliate#Member stations, member stations. It airs seven nights a week, and is known for its in-depth coverage of issues and current events. Anchored by Judy Woodruff, the program's weekday broadcasts run for one hour and are produced by WETA-TV in Washington, D.C. From August 5, 2013, to November 11, 2016, Woodruff and then-co-anchor Gwen Ifill were the first and only all-female anchor team on a national nightly news program on American broadcast television. On Saturdays and Sundays, PBS distributes a 30-minute edition of the program, ''PBS News Weekend'', anchored by Geoff Bennett (journalist), Geoff Bennett; originally produced in New York City by WNET, production of the weekend broadcasts transferred to WETA in April 2022. The ''PBS NewsHour'' originates from WETA's studio facilities in Arlington County, Virginia; news updates inserted into the we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Development Research Centre
The International Development Research Centre (IDRC; french: Centre de recherches pour le développement international, ''CRDI'') is a Canadian federal Crown corporation that funds research and innovation within and alongside developing regions as part of Canada’s foreign affairs and development efforts. Activities According to its ''2030 Strategy'', IDRC’s work currently focuses on the following five areas, aimed at contributing to the achievement of the United Nations’ Sustainable Development Goals: climate-resilient food systems; global health; education and science; democratic and inclusive governance; and sustainable inclusive economies. History IDRC was established by the Parliament of Canada in 1970 under the ''International Development Research Centre Act'', which directs IDRC "to initiate, encourage, support and conduct research into the problems of the developing regions of the world and into the means for applying and adapting scientific, technical, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Capitalism
State capitalism is an economic system in which the state undertakes business and commercial (i.e. for-profit) economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor). The definition can also include the state dominance of corporatized government agencies (agencies organized along business-management practices) or of public companies such as publicly listed corporations in which the state has controlling shares. Marxist literature defines state capitalism as a social system combining capitalism with ownership or control by a state. By this definition, a state capitalist country is one where the government controls the economy and essentially acts like a single huge corporation, extracting surplus value from the workforce in order to invest it in further production. This designation applies regardless of the political aims of the state, even if ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Juan Velasco Alvarado
Juan Francisco Velasco Alvarado (June 16, 1910 – December 24, 1977) was a Peruvian general who served as the President of Peru after a successful coup d'état against Fernando Belaúnde's presidency in 1968. Under his presidency, nationalism, as well as left-leaning policies that addressed Indigenous Peruvians, such as nationalization or agrarian reform were adopted. These policies were reversed after another coup d'état in 1975 led by his Prime Minister, Francisco Morales-Bermúdez. Velasco had a confrontational foreign policy towards the United States, as he pushed for renegotiation of treaties and criticized what he perceived as a pernicious dependence of Latin American states on the United States. While he strengthened Peruvian relations with the Soviet Union, Velasco was firmly anti-communist. His foreign policy has been described as "third way." Early life Juan Velasco was born in Castilla, a city near Piura on Peru's north coast. He was the son of Manuel José V ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Military Junta
A military junta () is a government led by a committee of military leaders. The term ''junta'' means "meeting" or "committee" and originated in the national and local junta organized by the Spanish resistance to Napoleon's invasion of Spain in 1808.Junta ''Encyclopædia Britannica'' (last updated 1998). The term is now used to refer to an authoritarian form of government characterized by military dictatorship, as distinguished fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressivism
Progressivism holds that it is possible to improve human societies through political action. As a political movement, progressivism seeks to advance the human condition through social reform based on purported advancements in science, technology, economic development, and social organization. Adherents hold that progressivism has universal application and endeavor to spread this idea to human societies everywhere. Progressivism arose during the Age of Enlightenment out of the belief that civility in Europe was improving due to the application of new empirical knowledge to the governance of society.Harold Mah''Enlightenment Phantasies: Cultural Identity in France and Germany, 1750–1914'' Cornell University. (2003). p. 157. In modern political discourse, progressivism gets often associated with social liberalism, a left-leaning type of liberalism, in contrast to the right-leaning neoliberalism, combining support for a mixed economy with cultural liberalism. In the 21st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Sector
The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, infrastructure, public transit, public education, along with health care and those working for the government itself, such as elected officials. The public sector might provide services that a non-payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service. Public enterprises, or state-owned enterprises, are self-financing commercial enterprises that are under public ownership which provide various private goods and services for sale and usually operate on a commercial basis. Organizations that are not part of the public sector are either part of the private sector or voluntary sector. The private sector is composed of the economic sectors that are in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Concepción, Chile
Concepción (; originally: ''Concepción de la Madre Santísima de la Luz'', "Conception of the Blessed Mother of Light") is a city and commune in central Chile, and the geographical and demographic core of the Greater Concepción metropolitan area, one of the three major conurbations in the country. It has a significant impact on domestic trade being part of the most heavily industrialized region in the country. It is the seat of the Concepción Province and capital of the Bío Bío Region. It sits about 500 km south of the nation's capital, Santiago. The city was first settled in the Bay of Concepción, in the zone that would later become the commune of Penco, now part of the Concepción conurbation. The city's demonym, , comes from the place of its original foundation. The city center and historic district is located in the Valle de la Mocha (La Mocha Valley), where it relocated after serious damages left by an earthquake in 1751. The origin of Concepción dates b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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