Peru - Microeconomic Constraints to Growth: The Evidence from the Manufacturing Sector

• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.9 Economic development and growth
• Thông tin xuất bản: Washington, DC, 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 321321
• Chủ đề: 1. AGRICULTURE; 2. BARRIERS TO ENTRY; 3. BIDDING; 4. BUSINESS CASES; 5. BUSINESS ENVIRONMENT

Tóm tắt

 This study looks at the investment climate in Peru using a unique database of manufacturing firms. Through detailed analysis, it establishes four key areas that pose constraints to investment and growth in Peru and proposes solutions. The four main areas are: 1) an uncertain legal and regulatory framework, 2) low level of market integration and high logistics costs
  3) low levels of investment and activity in innovation and technology absorption and, 4) difficulties in accessing finance. The main findings and the full set of policy recommendations center on reducing uncertainty by more clearly articulating the Government legislative agenda
  continuing and intensifying efforts to improve court processes
  facilitating the registration and operational regulation of firms by further reducing red tape
  reducing corruption awarding public goods and services contracts through a revision of public procurement at the central, regional and municipal levels
  increasing the focus on quality and exports
  and reforming moveable asset registries.