Flexibility of Peruvian polity during uncertain contexts
The operation of autonomous agents have been promoted in the Peruvian politic and economic sphera. Altough, it is discouraged by mercantilists firms and ortodox political advisors, and even international agencies and governments,the interest of elected autorities -at different scales- have opposed such fashion. This overall behavior across several years has endured extreme political situations, which are often described by the fact of six presidents occupying presidential seat in the last 10 years.
Facing ongoing changes in international order (including political and economic aspects), fostered by the election of President Trump for a second term, it is worth asking if the above-mentioned autonomous political structure can better address those coming challenges compared to the conservative approach that sugest ordered static and cautious societies.
In the case of previsible tariff increase on US imports, it is likely to affect mainly manufactures and services that can be done by american firms, with the exception of oil and gas. Peru is exporting to US minerals and fresh vegetables mainly; this trade is under mutual Free Trade Aggreement-FTA. Altough FTA is not a guarantee, US has deficit on both and requires them in order to keep increasing its production output while keeping inflation rate low.
Given this panorama and reflecting on the political (unstable)flexibility on both sides, it could be hypothesized that Peruvian institutions are structurally designed to absorb the shock waves coming from US. Even Peruvian flexibility provides oportunities to engage in the same “wave longitude” with US, following the economic cycle of its second-largest trading partner. If it goes well, a paradigm shift can be confirmed, contrary to the suggestions of pundits and entrepreneurs that dislike chaos, it is serving to prepare Peru to face the coming future.