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About: Lima Consensus     Goto   Sponge   NotDistinct   Permalink

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The Lima Consensus are neoliberal, deregulatory, free market and far-right policies Peru adopted since the presidency of Alberto Fujimori that are supported by the nation's economic elite. The description of such policies as the "Lima Consensus" was credited to Harvard University government professor Steven Levitsky. Such policies have made Peru attractive for foreign portfolio investment, though has resulted with increased economic inequality, crime, corruption and poor labor rights. Those who support the Consensus are often free-market fundamentalists and view any economic interventionism as socialism or communism.