Open figure viewer
Significance
The new government will bring a much-needed easing of tensions following the widespread protests that met the short-lived presidency of Manuel Merino. Sagasti should be able to count on support from Congress and himself avoid impeachment. His cabinet is technically competent. The issue of constitutional reform is likely to gain salience over the period of election campaigning.
Impacts
The economy will revive in 2021, but not sufficiently to offset the sharp fall this year.
Plans to draft a new constitution in Chile will add to pressures for constitutional reform.
The proliferation of presidential candidates means the elections will go to a second round.
Keywords:
Peru,
LA/C,
economy,
industry,
politics,
social,
constitution,
corruption,
election,
fiscal,
government,
growth,
health,
legislation,
mining,
opposition,
party,
policy,
protest,
reform
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2020
You do not currently have access to this content.
