The financial crisis: Implications for Peru and the ordinary citizen

Authors

  • David Odar Otero National University of Engineering, Lima, Peru

DOI:

https://doi.org/10.21754/iecos.v12i0.1236

Keywords:

financial crisis, economy , GDP

Abstract

The current financial crisis has unleashed much controversy and a series of fears around the world. Fears regarding the true magnitude of the crisis we are experiencing and several questions that are being asked daily: will it be the same or worse than the 2008 crisis, will it have a quick solution, how will this situation affect Peru, which has a history of very good economic growth? And the question that more than one has asked: how will this affect me, an ordinary citizen, who makes a daily effort to bring bread to my house?

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References

Eichengreen, B. (2011). Exorbitant privilege: The rise and fall of the dollar and the future of the international monetary system. Oxford University Press.

Published

2012-11-22

How to Cite

Odar Otero, D. (2012). The financial crisis: Implications for Peru and the ordinary citizen. Revista IECOS, 12, 71–76. https://doi.org/10.21754/iecos.v12i0.1236

Issue

Section

Research Articles