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Hugo Ñopo in CGTN: Peru struggles to overcome pandemic, restart economy
According to Hugo Ñopo, senior researcher at GRADE, the current economy reopening strategies are not working. Why? “One important element here is the gap between the design and the implementation. We have great designs as bonuses, Reactiva Peru, incentives to families and to businesses, but the problem did not materialize in a timely way”, he […]
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Hugo Ñopo in La República: Why is the pandemic hitting the women’s economy more?
“There are signs of recovery in male employment, but not female. There are two great forces behind it. On the one hand, the sectors where women worked in a greater proportion are recovering slowly. On the other, greater domestic responsibilities limit the ability to reintegrate into work. Women’s “. Our senior researcher Hugo Ñopo explains why […]
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Hugo Ñopo in El Comercio: Employment expectations in Peru improve, but at a slow pace
Regarding a recent survey on the prospects for hiring firms, Hugo Ñopo, senior researcher at GRADE, believes that the big bet should go to link large firms with micro and small firms to promote formal versus informal hiring, which abound in the country. “For a long time we have lived the dream of entrepreneurship, of the micro-entrepreneur and […]
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Miguel Jaramillo in NPR: economic impact of the pandemic in Peru
According to Miguel Jaramillo, although parts of the economy are expected to rebound quickly, he is concerned about “the long-term consequences of the loss of human capital — a generation that is going to have a very hard time finding a job.” Our senior researcher talked with National Public Radio NPR about the economic impact […]
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Hugo Ñopo in RPP Noticias: “There are no individual funds in the ONP”
“A root reform requires understanding that part of the dysfunctionality of the pension system is a reflection of the dysfunctionality of the labor market. 70% of workers have informal jobs and 30% that have formal jobs are part of the wealthiest segment of workers. So, besides being a few (affiliates), they are not poor, not […]
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Hugo Ñopo in BBC News Mundo: factors that explain why Peru has the highest mortality rate among the countries most affected by the pandemic
“The initial plans were somehow a copy of Europe’s strategies. We failed to see that those strategies were not necessarily going to be successful here, with such informality. We had to think of a different solution, for us.” Hugo Ñopo, senior researcher at GRADE, comments on the factors that explain why Peru had the highest death […]
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Miguel Jaramillo’s opinion in Al Jazeera. Peru economy: COVID-19 puts millions of people out of work
“It is the worst recession since the 19th century. The economy shut down completely. In 12 out of 24 regions, there was not a single case of COVID-19. Instead of isolating, the quarantine was also imposed on them, revealing the lack of understanding of the effects of this measure. […] The long-term consequences are enormous: […]
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Miguel Jaramillo in Bloomberg: Peru’s GDP Quarterly Drop
“It’s not so easy for economic activity to return when you’ve had such a brutal drop. Many companies have folded, and they’re going to keep folding. It’s naive to think we’ve touched bottom.” Miguel Jaramillo, senior researcher at GRADE, talked with Bloomberg on Peru’s GDP drop during the second quater due to the pandemic.
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3.5 million people are expected to enter the poverty line due to COVID-19. Hugo Ñopo in Cuarto Poder
“Ten years ago we had poverty levels of about a third, but with poverty that was falling. Now we are going to be in an inverse situation: with the same levels, but with poverty that is increasing.” Hugo Ñopo, senior researcher at GRADE, participated in this Cuarto Poder reportage on the economic and labor precariousness of […]
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Hugo Ñopo shares his thoughts on the Congress’ project to allocate no less than 6% of GDP to education
“Three-quarters of educational spending is teachers ‘salaries. It is nonsense for teachers’ salaries to fluctuate. It is absolutely wrong and it puts incentives quite perverse.” Hugo Ñopo, senior researcher at GRADE, and other experts consulted by El Comercio shared their opinion on the recent reform approved by Congress to modify the constitution and establish that the State […]
