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href="http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/" rel="bookmark" title="Permanent Link to World Bank says Peru suffers no economic recession in world crisis">World Bank says Peru suffers no economic recession in world crisis</a></h2> <div class="date">Posted on March 2009 by <a href="http://www.sylutions.com/author/stacey-stockman/" title="Posts by Stacey Stockman">Stacey Stockman</a> </p></div> <div class="entry"> <p><small>13 March, 2009 [ 14:40 ]</small></p> <h3>World Bank says Peru suffers no economic recession in world crisis</h3> <p><a target="_blank" href="http://news.xinhuanet.com/english/2009-03/13/content_11003292.htm"><font color="#8b0000">Xinhua</font></a></p> <div align="justify"> <img src="http://filer.livinginperu.com/news/img/world_bank_2.jpg" alt="" vspace="5" width="220" align="right" border="0" height="165" hspace="5" />A World Bank official said on Thursday that <a title="Peru" href="http://www.sylutions.com/tag/peru/">Peru</a> will be the only country in the region that will not have an economic recession.</p> <p>After embracing a growth of 9.84 percent in 2008, <a title="Peru" href="http://www.sylutions.com/tag/peru/">Peru</a>’s economy is expected to be the best performance in Latin America, said Marcelo Giugale, director of the World Bank for the Poverty Reduction and Economic Administration in Latin America and the Caribbean.</p> <p>Giugale told local daily “El Mercurio” that in other countries like Brazil and Chile, the growth rates probably will be near to zero.</p> <p>Despite the fact that <a title="Peru" href="http://www.sylutions.com/tag/peru/">Peru</a> recently corrected its growth projections for 2009 by reducing the figure from 9 to 5 percent, the number is still positive.</p> <p>According to the International monetary Found (IMF), the world economy will drop 0.5 percent this year.</p> <p>In the last nine years, <a title="Peru" href="http://www.sylutions.com/tag/peru/">Peru</a>’s economy grows at an average rate of over 5 percent. It was 7.6 percent and 8.9 percent in 2006 and 2007 respectively.</p> <p>According to Peruvian President Alan Garcia, <a title="Peru" href="http://www.sylutions.com/tag/peru/">Peru</a> has a reserve of more than 30 billion U.S. dollars.</p> <p>On December 2008, <a title="Peru" href="http://www.sylutions.com/tag/peru/">Peru</a>’s savings allowed the government to announce a plan of stimulus for three billion dollars to fight the adversity of the world financial crisis.</p></div> <div class="shr-bookmarks shr-bookmarks-expand shr-bookmarks-center shr-bookmarks-bg-love"> <ul class="socials"> <li class="shr-comfeed"> <a href="http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/feed" rel="nofollow" class="external" title="Subscribe to the comments for this post?"> </a> </li> <li class="shr-delicious"> <a href="http://delicious.com/post?url=http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/&title=World+Bank+says+Peru+suffers+no+economic+recession+in+world+crisis" rel="nofollow" class="external" title="Share this on del.icio.us"> </a> </li> <li class="shr-digg"> <a href="http://digg.com/submit?phase=2&url=http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/&title=World+Bank+says+Peru+suffers+no+economic+recession+in+world+crisis" rel="nofollow" class="external" title="Digg this!"> </a> </li> <li class="shr-diigo"> <a href="http://www.diigo.com/post?url=http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/&title=World+Bank+says+Peru+suffers+no+economic+recession+in+world+crisis&desc=13%20March%2C%202009%20%5B%2014%3A40%20%5D%0AWorld%20Bank%20says%20Peru%20suffers%20no%20economic%20recession%20in%20world%20crisisXinhua%0A%20%0AA%20World%20Bank%20official%20said%20on%20Thursday%20that%20Peru%20will%20be%20the%20only%20country%20in%20the%20region%20that%20will%20not%20have%20an%20economic%20recession.%0A%0AAfter%20embracing%20a%20growth%20of%209.84%20percent%20in%202008%2C%20Peru%27s%20economy%20is%20e" rel="nofollow" class="external" title="Post this on Diigo"> </a> </li> <li class="shr-googlebuzz"> <a href="http://www.google.com/buzz/post?url=http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/&imageurl=" rel="nofollow" class="external" title="Post on Google Buzz"> </a> </li> <li class="shr-misterwong"> <a href="http://www.mister-wong.com/addurl/?bm_url=http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/&bm_description=World+Bank+says+Peru+suffers+no+economic+recession+in+world+crisis&plugin=sexybookmarks" rel="nofollow" class="external" title="Add this to Mister Wong"> </a> </li> <li class="shr-mixx"> <a href="http://www.mixx.com/submit?page_url=http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/&title=World+Bank+says+Peru+suffers+no+economic+recession+in+world+crisis" rel="nofollow" class="external" title="Share this on Mixx"> </a> </li> <li class="shr-reddit"> <a href="http://reddit.com/submit?url=http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/&title=World+Bank+says+Peru+suffers+no+economic+recession+in+world+crisis" rel="nofollow" class="external" title="Share this on Reddit"> </a> </li> <li class="shr-stumbleupon"> <a href="http://www.stumbleupon.com/submit?url=http://www.sylutions.com/economy/world-bank-says-peru-suffers-no-economic-recession-in-world-crisis/&title=World+Bank+says+Peru+suffers+no+economic+recession+in+world+crisis" rel="nofollow" class="external" title="Stumble upon something good? 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executive career business coach recruiting job placement | synergistic solutions | sylutions.com" src="http://www.sylutions.com/images/google-images-logo-nawbo-blog-footer-executive-career-business-coach-recruiting-job-placement-sylutions-synergistic-solutions-stacey-stockman-wbe-wbenc-mbe-mwbe.bmp"/ width="150" height="44" /></a></p> <p style="text-align: left;"><i>National Association for Women Business Owners :: Member Since 1994</i></p><br> <p style="text-align: left;"> <A href="http://www.sylutions.com/about/associations-partners/"><img class="size-full align left" alt="nafe :: national association for female executives | executive career business coach recruiting job placement | synergistic solutions | sylutions.com" title="nafe :: national association for female executives | executive career business coach recruiting job placement | synergistic solutions | sylutions.com" src="http://www.sylutions.com/images/google-images-logo-nafe-blog-footer-executive-career-business-coach-recruiting-job-placement-sylutions-synergistic-solutions-stacey-stockman-wbe-wbenc-mbe-mwbe.bmp"/ width="108" height="56" /></a> <p style="text-align: left;"><i>National Association for Female Executives :: Member Since 1994</i></p> <br><a title="more about associations with :: synergistic solutions :: sylutions.com" href="http://www.sylutions.com/about/associations-partners/">more about our associations ...</a></p></div> </div> </div>  <div class="col3 last"> <div class="widget"><h3><span>Believe</span></h3> <div class="textwidget"><img class="size-full align left" alt="testimonials and quotes | executive career business coach recruiting job placement | synergistic solutions | sylutions.com" title="testimonials and quotes | executive career business coach recruiting job placement | synergistic solutions | sylutions.com" src="http://www.sylutions.com/images/google-images-blog-quote-executive-career-business-coach-recruiting-job-placement-sylutions-synergistic-solutions-stacey-stockman-wbe-wbenc-mbe-mwbe.gif"/ width="27" height="20" />The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark." <p style="text-align: right;"><i>Michelangelo</i></p> <img class="size-full align left" alt="testimonials and quotes | executive career business coach recruiting job placement | synergistic solutions | sylutions.com" title="testimonials and quotes | executive career business coach recruiting job placement | synergistic solutions | sylutions.com" src="http://www.sylutions.com/images/google-images-blog-quote-executive-career-business-coach-recruiting-job-placement-sylutions-synergistic-solutions-stacey-stockman-wbe-wbenc-mbe-mwbe.gif"/ width="27" height="20" />I hope that I may always desire more than I can accomplish."<p style="text-align: right;"><i>Michelangelo</i></p> <img class="size-full align left" alt="testimonials and quotes | executive career business coach recruiting job placement | synergistic solutions | sylutions.com" title="testimonials and quotes | executive career business coach recruiting job placement | synergistic solutions | sylutions.com" src="http://www.sylutions.com/images/google-images-blog-quote-executive-career-business-coach-recruiting-job-placement-sylutions-synergistic-solutions-stacey-stockman-wbe-wbenc-mbe-mwbe.gif"/ width="27" height="20" />Expose yourself to your deepest fear; after that, fear has no power, and the fear of freedom shrinks and vanishes. You are free." <p style="text-align: right;"><i>Jim Morrison</i></p></div> </div> </div>  <br class="fix" /> </div>  <div class="bot"></div> </div>   <div id="footer"> <div class="box6"><div class="top"></div><table border="0" cellspacing="0" cellpadding="0" width="100%"> <tbody><tr><td valign="top"> <p style="text-align: left;"><span style="font-size: small;"><span style="color: #555555;"><strong>get more</strong></span></p> <a href="http://www.sylutions.com/about-recruiting-career-executive-coaching-synergistic-solutions/">> about</a><br> <a href="http://www.sylutions.com/consulting/">> consulting</a><br> <a href="http://www.sylutions.com/staffing-recruiting-career-executive-coaching-synergistic-solutions/">> staffing</a><br> <a href="http://www.sylutions.com/employers/coaching-career-executive-staffing-recruiting-synergistic-solutions/">> development</a><br> <a href="http://www.sylutions.com/about-recruiting-career-executive-coaching-synergistic-solutions/testimonials/">> 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