The Debt Hurdle Facing Peru's OECD Bid

The video discusses Peru's historical debt issue stemming from land expropriation in the 1960s and 70s, where the government issued bonds that remain unpaid. The financial implications are significant, with the debt amounting to 2% of Peru's GDP. Despite a low debt-to-GDP ratio, the legal responsibility to pay these bonds is clear, as stated by the Constitutional Tribunal in 2001. The video questions whether the current government should be held accountable for past decisions made during a military dictatorship.

What did the Constitutional Tribunal state about the bonds in 2001?

What is the responsibility of the Peruvian state regarding the debt incurred during the military dictatorship?