Media GRADE
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Anatomy of an economic debacle: the Peruvian labor market in 2020, by Miguel Jaramillo
“The current results are a consequence of both the epidemic and the public policy responses to contain it. They were not unpredictable, as we showed in a recent study. Unfortunately, the new information shows our estimates as conservative. Indeed, according to the latest National Household Survey, the labor market has suffered the most brutal blow […]
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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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Pandemic and rural employment, by Hugo Ñopo and Daniel Pajita
“To what is already worrying about the drop in employment that has recently spread, it must be added that paid employment has fallen even more. People are shifting to forms of subsistence employment, helping family members in their farms or businesses. the rural economy should be one of the issues to prioritize on the medium-term agenda.” […]
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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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Promoting informality, by Alvaro Espinoza
“A really sensible housing policy without consistency in the title of the precarious land, but rather generates alternatives of access to decent housing, or at least to the authorized lots, for the families who have to have in the land traffickers their only option viable”. Our adjunct researcher, Álvaro Espinoza, writes in El Comercio about the […]
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Employment: the three dogmas of the old formality, by Hugo Ñopo
“In Peru, with limited access to capital and poorly developed financial markets, work is even more important. Labor incomes cover three-quarters of the budgets of Peruvian households. Therefore, there is no better welfare policy than promoting a better job market”. Read the new op-ed by Hugo Ñopo, senior researcher at GRADE, in El Comercio.
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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 […]
