Multi-dimensional Review of Peru - Volume 1. Initial Assessment (en español)

Peru has experienced significant improvements in growth, well-being and poverty reduction since the introduction of macroeconomic reforms, economic openness and more effective social programmes in the 1990s. However, the country still faces structural challenges to escape the middle-income trap and consolidate its emerging middle class. This report reviews the main bottlenecks to boost inclusive development and well-being in Peru. These include education and skills, the labour market, innovation, transport infrastructure and logistics, governance and trust in institutions. These dimensions have considerable implications for levels of productivity, inequalities and labour informality in Peru.

Press release: Peru has made significant economic and social progress, but further reforms are needed to achieve more inclusive and sustainable growth

Executive Summary
Chapter 1. Setting the scene: Towards greater well-being and stronger development in Peru
Chapter 2. Social inclusion and sustainable development in Peru
Chapter 3. Competitiveness and economic diversification in Peru
Chapter 4. Macroeconomic policies for inclusive development
Chapter 5. Governance and effective state capacities in Peru

Comunicado de prensa: El Perú ha logrado significativos avances económicos y sociales, pero son necesarias nuevas reformas para conseguir un crecimiento más incluyente y sostenible

Multi-dimensional Review of Peru - Volume 2. In-depth analysis and recommendations 

Peru has experienced significant improvements in growth, well-being and poverty reduction since the introduction of macroeconomic reforms, economic openness and more effective social programmes in the 1990s. However, the country still faces structural challenges to escape the middle-income trap and consolidate its emerging middle class. This report reviews the main bottlenecks to boost inclusive development and well-being in Peru. These include education and skills, the labour market, innovation, transport infrastructure and logistics, governance and trust in institutions. These dimensions have considerable implications for levels of productivity, inequalities and labour informality in Peru.

Press release: OECD Secretary-General Angel Gurría presents new OECD studies with economic and social recommendations to Peruvian President Pedro Pablo Kuczynski

Read the full publication
Chapter 1. Overview: Charting Peru’s way to a high income economy with better well-being for all citizens
Chapter 2. Towards higher economic diversification and productivity in Peru
Chapter 3. Improving transport connectivity in Peru
Chapter 4. Towards more formal jobs and economic activities in Peru

Español:

Comunicado de prensa: El Secretario General de la OCDE Ángel Gurría presenta nuevos estudios de la OCDE con recomendaciones económicas y sociales al presidente del Perú Pedro Pablo Kuczynski

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Multi-dimensional Review of Peru - Volume 3. From Analysis to Action

Peru has experienced remarkable socio-economic progress over the last two decades, enabling it to join the group of upper middle-income countries around 2010. However, challenges are ahead if the country is not to be caught in various development traps. Overcoming these challenges in the near future to take the economy to the next level and become a country with higher productivity, inclusive development and well-being for all will require sound policy reforms. Further efforts are needed on three main fronts: economic diversification, connectivity and formalisation of jobs. This report analyses the main challenges in these three priority areas and sets up a policy action plan. It also proposes a scorecard including a series of indicators for monitoring progress derived from the implementation of the reforms proposed in these three areas and presents the objectives for each indicator that Peru should aim to achieve by 2025 and 2030.

Press release / Comunicado de prensa: Para impulsar un nuevo período de mayor competitividad con inclusión, el Perú debe promover nuevas reformas