Multi-dimensional Review of Peru
Volume 2. In-depth Analysis and Recommendations
Peru has experienced significant improvements in economic 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 provides policy actions to tackle the main bottlenecks to boost inclusive development and well-being in Peru. In particular this report presents an in-depth analysis and policy recommendations to boost economic diversification and productivity, improve connectivity and reduce informality. Policy actions in these areas demand better institutions and improvements in areas and markets, including research and development and innovation, fiscal policy, education and skills, logistics and transport infrastructure as well as labour and product markets.
Improving transport connectivity in Peru
OECD Development Centre
Several indicators on transport costs, logistics performance and transport infrastructure show Peru lagging behind OECD members and some benchmark countries in transport connectivity. Improving transport policies nationally and in urban centres, in alignment with the national development strategy, can have a significant impact on inclusive development and quality of life in the country. This chapter provides background in transport connectivity and performance indicators in Peru. It then focusses on the need for a national transport plan to define transport policy priorities and the particular importance of developing a National Policy for Urban and Metropolitan Mobility. This chapter also studies connectivity needs in urban centres, focusing on the Lima-Callao metropolitan area, and highlights the benefits of governance by a world-standard metropolitan transport authority, as well as the necessary actions to harness benefits from being a port city. Finally, the chapter concludes with the main recommendations to improve connectivity in Peru and test them against the scenarios set out in .