Economic overview of Peru in the context of COVID-19
Article Sidebar
Main Article Content
Abstract
The research aimed to describe the variation in the interest rate, the exchange rate, net international reserves, gross domestic product and business expectations during the COVID-19 pandemic period and how it influenced the Peruvian economy in the macroeconomic context compared to five consecutive years of economic variability. The analysis was carried out under the quantitative approach; the descriptive method was applied, in the data collection the documentary analysis technique was used with the support of the reports of the Central Reserve Bank of Peru and statistics of the Peruvian economy since 2016 until August 2020. For the calculation analysis, the statistical software SPSS 26.0 was used. In this context, the interest rate varied between 12.30 and 17.73 percentage points, unlike the exchange rate that fluctuated between 3.21 and 3.51 soles, likewise business expectations were between 21.5 and 61.0 points, also the gross domestic product moved between -39.9 and 4.2 in percentage, finally the net international reserves evolved between 57,999 and 74,782 million dollars.
Downloads
Article Details
COPYRIGHT NOTICE
Authors who publish in the INNOVA Research Journal keeps copyright and guarantee the journal the right to be the first publication of the work under the Creative Commons License, Attribution-Non-Commercial 4.0 International (CC BY-NC 4.0). They can be copied, used, disseminated, transmitted and publicly exhibited, provided that: a) the authorship and original source of their publication (magazine, publisher, URL and DOI of the work) is cited; b) are not used for commercial purposes; c) the existence and specifications of this license of use are mentioned.
References
Baker, S., Bloom, N., Davis, S., & Terry, S. (2020). Covid induced economic uncertainty. Institute for economic policy research, 20(14).
Barrutia, I., Sanchez, R., & Silva, A. (2021). Consecuencias económicas y sociales de inamovilidad humana bajo covid-19 caso de estudio Perú. Lecturas de economía(94). https://doi.org/10.17533/udea.le.n94a344397
Bartik, A., Bertrand, M., Cullen, Z., Glaeser, E., & Luca, M. (2020). The impact of covid-19 on small business outcomes and expectations. Proceedings of the national academy of sciences, 117(30), 17656-17666. https://doi.org/10.1073/pnas.2006991117
BCRP. (2011). Glosario de términos económicos. Lima, Perú: Banco central de reserva del Perú.
Beckmann, J., & Czudaj, R. (2017). Exchange rate expectations and economic policy uncertainty. European journal of political economy, 47, 148-162. https://doi.org/10.1016/j.ejpoleco.2016.06.003
Bedford, J., Enria, D., Giesecke, J., & Heymann, D. (2020). COVID-19: towards controlling of a pandemic. The lancet, 395, 1015-1018. https://doi.org/10.1016/S0140-6736(20)3067-5
Bernal, C. (2020). Metodología de la investigación. Bogotá, Colombia: Pearson.
Bonaccorsi, G., Pierri, F., Cinelli, M., Flori, A., & Galeazzi, A. (2020). Economic and social consequences of human mobility restrictions under covid-19. Proceedings of the national academy of sciences, 117(27), 15530-15535. https://doi.org/10.1073/pnas.2007658117
Boumans, D., Link, S., & Sauer, S. (2020). Covid-19: the world economy needs a lifeline-but which one? Econpol policy brief, 4(27).
Deb, P., Furceri, D., D.ostry, J., & Tawk, N. (2020). The economic effects of covid-19 cointainment measures . International monetary fund, 1-44.
Delgado, A. (2020). Implicancias de la suspensión perfecta de labores en el Perú frente al impacto económico se la COVID-19. Revista iberoamericana de derecho del trabajo y de la seguridad social, 2(4), 55-65.
Dulzaides, M., & Molina, A. (2004). Análisis documental y de información: dos componentes de un mismo proceso. Acimed, 12(2).
Hernandez, R., Fernandez, C., & Baptista, M. (2014). Metodología de la investigación. DF, Mexico: McGraw-Hill.
Huaman, J. (2021). Impacto económico y social de la covid-19 en el Perú. Revista de ciencias e investigación, 2(1), 31-42.
Lippi, G., Henry, B., Mattiuzzi, C., & Bovo, C. (2020). The death rate for covid-19 is positively associated with gross domestic products. Acta biomed, 91, 224-225. https://doi.org/10.1016/S2214-109X(20)30068-1
Mckibbin, W., & Roshen, F. (2020). The economic impact of covid-19. Economics in the time of covid-19, 1-45.
Ñaupas, H., Mejia, E., Novoa, E., & Villagomez, A. (2011). Metodología de la investigación cientifica y asesoramiento de tesis. Lima, Perú: Editorial San Marcos.
Pascal, P., & Simon, Z. (2020). Are banks exposed to interest rate risk? FRBSF economic letter, 16, 1-5.
Peña, T., & Pirela, J. (2007). La complejidad del análisis documental. Información, cultura y sociedad, 16, 55-81.
Rivot, S. (2020). Keynes treatment of dynamics and stability in a monetary economy: the role played by expectations from the tract on monetary reform to the general theory. The european journal of the history of economic thought, 1-26.
Sanchez, H., Reyes, C., & Mejia, K. (2018). Manual de términos en investigación científica, tecnológica y humanística. Lima, Perú: Ediciones Universidad Ricardo Palma.
Singh, G. (2020). COVID-19: reserves to the rescue. Ideas for India, 4, 21-42.