The risk of throwing it all away

摘要

Living in Peru's capital is like watching a film on fast-forward. Every few months you can spot a taller skyscraper, a swankier hotel, glossier shops and restaurants, new roads-and more traffic. House prices in the leaner neighbourhoods have almost doubled in the past two years. Rapid change is not confined to Lima. The only provincial cities of any size that do not already boast one or more new shopping malls and multiplex cinemas are about to get them. These are the tangible results of a decade in which Peru's gdp grew by over 5% a year, the highest rate among Latin America's bigger economies.