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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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Foreword and acknowledgements

Peru has experienced extraordinary progress in the past two decades. The introduction of macroeconomic reforms and more effective social programmes in the 1990s and 2000s have led to significant improvements in economic growth, well-being and poverty reduction. To continue on this path, Peru has made regulatory policy a critical element of its development strategy and asked the OECD for support in enhancing its current policies and adopting best international practices on regulatory quality.

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