Since 2001, Peru's economy has experienced a steady growth of 4% per year but despite this substantial growth, poverty figures remain stable hovering above 50%. Historically, this problem has been attributed to the country's exceptionally high degree of inequality and is aggravated by the fact that Peru is one of Latin America's most centralized nations, impeding advancement towards inclusive and democratic development. Decades of political corruption, economic crises, terrorism, and foreign dependance have created large hurdles in the government's progress in solving social issues and establishing a stable infrastructure for civic participation.
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