1887

Multi-dimensional Review of Peru

Volume 1. Initial Assessment

image of Multi-dimensional Review of Peru

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.

English

.

Editorial

OECD Development Centre

Peru has experienced extraordinary progress in the past two decades. Significant improvements in economic growth, well-being and poverty reduction have been observed since the introduction of macroeconomic reforms and more effective social programmes in the 1990s and 2000s. The country has raised its per-capita income level, reaching the status of an upper middle-income country, and an expanding middle class now represents around a third of the population.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error