The Peruvian Financial System

The financial system comprises the set of Institutions bank, financial and other institutions of law firms and private public o duly authorized by the Superintendency of Banking y insurance operating in financial intermediation, such as: The system bank, no banking system and the securities market. The estate participant in the financial system that has investments in development bank COFIDE as second floor, usual activity developed by companies and institutions authorized to receive public funds in credit y place and inversions. It the set of institutions for circulation flow monetary and whose main task is to channel the money savers to who wish to make productive investments. Institutions-satisfies this role is called "financial intermediary" or markets Financiers." The efficiency of this transformation will be greater the flow mayor sea resources directed into investment savings. The different economic units that are positioned as surplus or deficit may be due to reasons such as wealth, actual and expected income, social status, whether they are households or not, the country's overall economic situation and interest rates (changes in these can lead to behavioral changes in spending units).

The term "financial systems" refers to various forms of savings and loan and bank payment transactions. When it comes to financial market must be understood that it is supply and demand for financial services. In a society can exist three types of operators who offer financial services.

Formal financial services are offered by institutional agents under the supervision of the monetary authorities. These sectors are located in private banks, state commercial and specialized financial institutions. Semi-formal financial services, institutional actors but are outside the banking sector. This sector is located in rural banks, credit unions and NGO programs. Informal financial services: Agents and motivations vary widely. This sector belong to a family network or community that provides access to money, goods and services. In this sector are located usurers, lenders, relatives and friends.

"Peru, a world to discover"

Peru is the country of diversity, let's just say that on its uneven surface of 1 300 000 km2 (2 times the size of France or Spain), rise majestic mountains which divide the country into three natural regions that determine 3 different climate types, (La Costa, La Sierra and La Selva), and 25 departments (groups of neighboring cities), which determine at least 25 different microclimates from east to west and from north to south, bringing the charm of diversity generating 25 or more cultural variations that result in so many ways of dressing, and many ways of living of its 25 million people who represent different ways of seeing the world, to celebrate, customs, traditional festivals, music of the place. you can have all climates, from the winter as in the Swiss Alps to the tropical and Africa, flora and fauna vary by region along with the scenery. When you visit our cities will discover all the cultural and natural wealth. Peru is surrounded from north to south by Ecuador, Colombia, Brazil, Bolivia, Chile and the Pacific Ocean. On the coast north and south are towns like Tumbes, Piura, Lima, Ica, and Arequipa to Tacna border with Chile from north to south. The saw includes the cities Huancayo, Cuzco, Puno, Ancash, and so on. Peru is very rich, abundant natural resources. Peru and the country of cat's claw, pisco, the "El Condor Pasa", immortalized by Simon & Garfunkel ("If I could"), "The flower of the cinnamon" Chabuca Granda, potatoes, bell pepper , the chicha, the potato huancana, ceviche, the rest of us will tell you.

MOVABLE AND IMMOVABLE IN PERU

This classification is a classification of goods but of things, that is, only serves to classify the goods. Article 455 of the Peruvian Civil Code of 1852 stated that things are movable or immovable body. In addition to furniture are needed which can be carried unchanged from one place to another and that the others are real. In the second paragraph of that article states that the livestock are understood in the furniture. 1. The fields, ponds, fountains, buildings, mills and, in general, any work constructed with adherence to the ground, to stay there while it lasts. 2.The remaining fruit and wood before cutting, cattle and other objects that are part of an estate capital, pipes, tools, presses, boilers, seeds, animals used for growing, and all articles intended to serve the estate. 3. The materials have formed a building and are separated from him while he repaired, and everything placed on the farm, to remain in perpetual

Child labor in Peru

In Peru, the child labor market appears increasingly alarming, but this only occurs in poor and underdeveloped countries, but also occurs in developed countries of Asia, Africa and the European Union. These children work without legal authority and outside the framework of an activity or enterprise, practically part of a subsistence economy model, where they engaged in trade and street walking. Poor families have a greater need for their children to work to earn income that contributes to survival or additional incomes because of the same parents are often unemployed or underemployed. Survival, in countries like ours, has a higher priority than development and the interests of working children are measured by the contribution it makes to the family and therefore to their own survival. This paper analyzes the sector in which they operate these children and the economic implications and social causes of child labor in the general framework of the country. For most people, it seems clear that children should not work but go to school, this does not reflect the reality of the social protection given to the child in the world. The judicial systems of many countries of the world are generally quite indifferent to the drama and the percentages of working children seem to increase rather than lessen. The International Labour Organization Convention 138 set in that only children over 12 years may work but only in activities that do not "interfere with their education." In some countries the boy and girl between 12 and 18 must have a signed permission from their parents. Many countries provide for judicial punishments to companies that employ children, but while these are easy to control, the most degrading forms of child exploitation in the hands of organized crime and illicit activities.

Exports in Peru International trade and foreign trade in particular is very important for growth and long-term sustainable development, more so now has an important role in the economic activity of countries, the same as is shown by the evidence of the countries developed and the experiences of "successful countries" that have achieved economic growth and development through the growth of exports. In Peru has implemented various economic policies that include measures relating to foreign trade and exports in particular, measures that have often been contradictory, however despite successive governments made the effort to implement certain measures to achieve increased the quantum and value of exports has not achieved the expected results of increasing the value of exports in real terms and consistent with the growth of the global economy, for otherwise we have a permanent and growing deficits in the trade balance; increased smuggling and customs tax fraud; complaint with the WTO in some countries by poor implementation of the feedback mechanisms of indirect taxes to exporters, loss of competitiveness of the export prices on tax costs, financial, labor and so on., these negative consequences of the 90s had some issues as causes uncontrollable by the Peruvian government, the international financial crisis and its negative effects for the Peruvian economy, the El Nio that hit Peru's economy, the fall international prices of primary products, the implementation of a stabilization policy that involved reducing inflation to international levels, to assume the financial obligations - financial agencies and banks owed to foreigners unreasonable charges for internal security (terrorism - cost of peace) and external security (war with Ecuador) we add the general crisis that dragged the 80s, so the 90 is characterized by consolidation of foundations for sustained growth and disciplined in compounded by the lack of a policy of export promotion is mainly for the reasons outlined above.