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Regulatory Policy in Peru

Assembling the Framework for Regulatory Quality

image of Regulatory Policy in Peru

Regulation is one of the key levers of government intervention. When properly designed, it can help achieve environmental and social objectives, and contribute to economic growth. The OECD Review of Regulatory Policy of Peru assesses the policies, institutions, and tools employed by the Peruvian government to design, implement and enforce high-quality regulations. These include administrative simplification, evaluation of regulations, public consultation, and the governance of independent regulators, amongst others. The review provides policy recommendations based on best international practices and peer assessment to strengthen the government’s capacity to manage regulatory policy.

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Executive summary

Peru’s macroeconomic performance over the last decade has been outstanding. Significant improvements in economic growth, well-being and poverty reduction have been observed since the introduction of reforms in the 1990s. However, to continue on this path, Peru needs a clear regulatory policy.

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