start here

start here

The Daily IKN email digest, get all daily posts sent to you next day (& no ads)

I say things on Twitter

8/5/09

Aha! Peru's Growth Miracle Explained

Aaaah, it all makes sense now. No wonder Peru says it's growing by XpointX% per year when the number of people that suffer from calorific insufficiency (an official measure that shows people don't have enough to eat) has risen from 29% to 32% in the last two years. All this growth is due to the APRA party's favourite source of funding! According to the head of the fight against drugs in Peru in this report from AFP (Translated)

Narcotrafficking a Twenty Two Billion Dollar Business in Peru, 17% of The Country GDP

Narcotrafficking in Peru generates profits of U$22Bn (17% of country GDP), an increase of between U$3Bn and U$4Bn in the last five years, the Peru anti-drug czar, Rómulo Pizarro said Wednesday.

This surge is due to the increase in consumption and demand pressure, most of all from the European market, said Pizarro, head of the National Commission for Development and Life Without Drugs (DEVIDA)

"Five years ago this figure was calculated at U$18Bn, that is to say that we're talking of an approximate increase of between U$3Bn and U$4Bn." CONTINUES HERE