Government Too Weak to Pass Reforms

PERU - Report 13 Feb 2015 by Roberto Abusada
Executive Summary Congress repealed the new law that aimed to introduce a distinct labor regime for young people. It was proposed without any marketing strategy, and the public reacted with widespread disapproval; polls indicated that 70% of Peruvians were against it. This result also highlights the government’s inability to pass important reforms. We think that the Humala government will now be too frail to implement necessary reforms to buttress business and consumer confidence, and will just muddle through until the next presidential elections in May 2016. It will concentrate on politica...

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