Peru’s Neo-Colonial Compact: The Minimum Viable Democracy for Capital Flows

Peru's Neo-Colonial Compact: Democracy Optional for Capital Flows

Policy Brief By Juncture Policy ResearchOctober 12, 2025 Following the October 10, 2025 impeachment of Dina Boluarte, José Jerí was sworn in as Peru’s seventh president since 2018, facing an immediate investor relations problem at 12:47 AM. His predecessor governed with a 4% approval rating. According to Peru’s National Police, reported extortion cases rose more … Read more

Peru’s Education Reform Reversals: Lessons for Institutional Sustainability

Executive Summary Peru’s decade-long educational reform cycle—from ambitious implementation (2014-2015) to recent reversals (2024-2025)—offers critical insights into the sustainability challenges facing structural reforms in emerging markets. Despite initial technical success, the collapse of supporting political coalitions has undermined transformative changes in higher education quality standards and teacher career frameworks. This case illuminates the fundamental tension … Read more

Uruguay’s Quiet Model: Why Stability Wins in South America

Executive Summary While Brazil confronts democratic backsliding concerns, Argentina cycles through economic crises, and Chile faces constitutional upheaval, Uruguay maintains steady governance that approaches European institutional standards. The country’s $22,000 per capita GDP and 79.2/100 institutional quality score create a regional stability premium demonstrating the compounding returns of pragmatic governance and democratic continuity. However, small … Read more