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Investing in Youth: Peru

image of Investing in Youth: Peru

The present report on Peru is part of the series on "Investing in Youth", which builds on the expertise of the OECD on youth employment, social support and skills. This series covers both OECD countries and countries in the process of accession to the OECD, as well as some emerging economies. The report provides a detailed diagnosis of youth policies in the areas of social, employment, education and training policies. Its main focus is on young people who are not in employment, education or training (the "NEETs").

Earlier reviews in the same series have looked at youth policies in Brazil (2014), Latvia and Tunisia (2015), Australia, Lithuania and Sweden (2016), Japan (2017), and Norway (2018).

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Strengthening the employability of Peruvian youth

This chapter discusses the role of labour market and social policies in increasing the employability of young people in Peru and assesses the impact of skills mismatches on school-to-work transitions. The key challenges it identifies include: the ability of the public employment services to deliver effective activation to vulnerable youth; the capacity of the current social protection system to provide them with adequate income support; and ensuring that youth are provided with the right qualifications to match the needs of the labour market. The chapter provides a set of policy options that may help address each of these issues. It also points to the important role that broader policies to foster the diversification of the economy can play to support the demand of quality jobs for Peruvian youth.

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