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

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...

Full description

Bibliographic Details
Main Author: World Bank
Format: PSD, Privatization and Industrial Policy
Language:English
en_US
Published: Washington, DC 2013
Subjects:
GDP
TAX
Online Access:http://documents.worldbank.org/curated/en/2004/06/6591557/peru-microeconomic-constraints-growth-evidence-manufacturing-sector
http://hdl.handle.net/10986/14426
id okr-10986-14426
recordtype oai_dc
spelling okr-10986-144262021-04-23T14:03:18Z Peru - Microeconomic Constraints to Growth: The Evidence from the Manufacturing Sector World Bank AGRICULTURE BARRIERS TO ENTRY BIDDING BUSINESS CASES BUSINESS ENVIRONMENT COLLABORATION COMMODITY PRICES COMPARATOR COUNTRIES COMPETITION POLICIES COMPETITIVENESS CONTRACT ENFORCEABILITY CONTRACT ENFORCEMENT CORPORATION CUSTOMS DEBT DEMOCRACY DEVELOPMENT ASSISTANCE DOMESTIC FINANCING DOMESTIC MARKETS E-GOVERNMENT ECONOMIC COOPERATION ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC POLICIES ELECTRICITY EMPLOYMENT ENGINEERS ENTREPRENEURS EVASION EXCHANGE RATE EXPORTS EXTERNAL TRADE FINANCIAL CRISIS FINANCIAL MARKETS FIRM SIZE FIRMS FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN TRADE GDP GLOBAL MARKETS GOVERNMENT REGULATION GROSS DOMESTIC PRODUCT GROWTH PATH GROWTH RATE GROWTH RATES HUMAN CAPITAL IMPORTED GOODS INCREASING COMPETITION INDUSTRY ASSOCIATION INEFFICIENCY INFLATION INTEGRATING COUNTRIES INTEREST RATE INTEREST RATES INTERNAL TRADE INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT CLIMATES KNOWLEDGE ECONOMY LABOR COSTS LABOR FORCE LABOR MARKETS LABOR REGULATIONS LATIN AMERICAN LESS DEVELOPED COUNTRIES MACROECONOMIC STABILITY MARKET ACCESS MARKET INTEGRATION MARKET SHARES MATCHING GRANTS MEDIUM ENTERPRISES NATURAL RESOURCES NET INFLOWS POLITICAL PARTIES PRIVATE FIRMS PRIVATE INVESTMENT PRIVATE SECTOR PROGRAMS PROPERTY RIGHTS PUBLIC PUBLIC GOODS PUBLIC INFRASTRUCTURE PUBLIC PROCUREMENT PUBLIC PROCUREMENT CONTRACTS PUBLIC SECTOR REDUCING UNCERTAINTY REFORM PROGRAM REGULATORY FRAMEWORK REGULATORY POLICY RESEARCH AGENDAS RESEARCH CENTERS ROAD INFRASTRUCTURE ROADS SCIENTISTS SMALL FIRMS SOCIAL STABILITY STRUCTURAL REFORMS SUPPLIERS TAX TAX COLLECTION TAX POLICIES TECHNICAL PROGRESS TECHNOLOGICAL CAPABILITIES TECHNOLOGY TRANSFER TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE NEGOTIATIONS TRANSACTIONS COSTS TRANSPARENCY TRANSPORT COST TRANSPORT COSTS UNFAIR COMPETITION VALUE ADDED WAGES WEALTH WORLD ECONOMY 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. 2013-07-09T20:38:52Z 2013-07-09T20:38:52Z 2004-06-15 http://documents.worldbank.org/curated/en/2004/06/6591557/peru-microeconomic-constraints-growth-evidence-manufacturing-sector http://hdl.handle.net/10986/14426 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: PSD, Privatization and Industrial Policy Economic & Sector Work Latin America & Caribbean Peru
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGRICULTURE
BARRIERS TO ENTRY
BIDDING
BUSINESS CASES
BUSINESS ENVIRONMENT
COLLABORATION
COMMODITY PRICES
COMPARATOR COUNTRIES
COMPETITION POLICIES
COMPETITIVENESS
CONTRACT ENFORCEABILITY
CONTRACT ENFORCEMENT
CORPORATION
CUSTOMS
DEBT
DEMOCRACY
DEVELOPMENT ASSISTANCE
DOMESTIC FINANCING
DOMESTIC MARKETS
E-GOVERNMENT
ECONOMIC COOPERATION
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ELECTRICITY
EMPLOYMENT
ENGINEERS
ENTREPRENEURS
EVASION
EXCHANGE RATE
EXPORTS
EXTERNAL TRADE
FINANCIAL CRISIS
FINANCIAL MARKETS
FIRM SIZE
FIRMS
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN TRADE
GDP
GLOBAL MARKETS
GOVERNMENT REGULATION
GROSS DOMESTIC PRODUCT
GROWTH PATH
GROWTH RATE
GROWTH RATES
HUMAN CAPITAL
IMPORTED GOODS
INCREASING COMPETITION
INDUSTRY ASSOCIATION
INEFFICIENCY
INFLATION
INTEGRATING COUNTRIES
INTEREST RATE
INTEREST RATES
INTERNAL TRADE
INTERNATIONAL MARKETS
INTERNATIONAL STANDARDS
INTERNATIONAL TRADE
INVESTMENT CLIMATE
INVESTMENT CLIMATES
KNOWLEDGE ECONOMY
LABOR COSTS
LABOR FORCE
LABOR MARKETS
LABOR REGULATIONS
LATIN AMERICAN
LESS DEVELOPED COUNTRIES
MACROECONOMIC STABILITY
MARKET ACCESS
MARKET INTEGRATION
MARKET SHARES
MATCHING GRANTS
MEDIUM ENTERPRISES
NATURAL RESOURCES
NET INFLOWS
POLITICAL PARTIES
PRIVATE FIRMS
PRIVATE INVESTMENT
PRIVATE SECTOR
PROGRAMS
PROPERTY RIGHTS
PUBLIC
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PUBLIC PROCUREMENT
PUBLIC PROCUREMENT CONTRACTS
PUBLIC SECTOR
REDUCING UNCERTAINTY
REFORM PROGRAM
REGULATORY FRAMEWORK
REGULATORY POLICY
RESEARCH AGENDAS
RESEARCH CENTERS
ROAD INFRASTRUCTURE
ROADS
SCIENTISTS
SMALL FIRMS
SOCIAL STABILITY
STRUCTURAL REFORMS
SUPPLIERS
TAX
TAX COLLECTION
TAX POLICIES
TECHNICAL PROGRESS
TECHNOLOGICAL CAPABILITIES
TECHNOLOGY TRANSFER
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TOTAL FACTOR PRODUCTIVITY GROWTH
TRADE NEGOTIATIONS
TRANSACTIONS COSTS
TRANSPARENCY
TRANSPORT COST
TRANSPORT COSTS
UNFAIR COMPETITION
VALUE ADDED
WAGES
WEALTH
WORLD ECONOMY
spellingShingle AGRICULTURE
BARRIERS TO ENTRY
BIDDING
BUSINESS CASES
BUSINESS ENVIRONMENT
COLLABORATION
COMMODITY PRICES
COMPARATOR COUNTRIES
COMPETITION POLICIES
COMPETITIVENESS
CONTRACT ENFORCEABILITY
CONTRACT ENFORCEMENT
CORPORATION
CUSTOMS
DEBT
DEMOCRACY
DEVELOPMENT ASSISTANCE
DOMESTIC FINANCING
DOMESTIC MARKETS
E-GOVERNMENT
ECONOMIC COOPERATION
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ELECTRICITY
EMPLOYMENT
ENGINEERS
ENTREPRENEURS
EVASION
EXCHANGE RATE
EXPORTS
EXTERNAL TRADE
FINANCIAL CRISIS
FINANCIAL MARKETS
FIRM SIZE
FIRMS
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN TRADE
GDP
GLOBAL MARKETS
GOVERNMENT REGULATION
GROSS DOMESTIC PRODUCT
GROWTH PATH
GROWTH RATE
GROWTH RATES
HUMAN CAPITAL
IMPORTED GOODS
INCREASING COMPETITION
INDUSTRY ASSOCIATION
INEFFICIENCY
INFLATION
INTEGRATING COUNTRIES
INTEREST RATE
INTEREST RATES
INTERNAL TRADE
INTERNATIONAL MARKETS
INTERNATIONAL STANDARDS
INTERNATIONAL TRADE
INVESTMENT CLIMATE
INVESTMENT CLIMATES
KNOWLEDGE ECONOMY
LABOR COSTS
LABOR FORCE
LABOR MARKETS
LABOR REGULATIONS
LATIN AMERICAN
LESS DEVELOPED COUNTRIES
MACROECONOMIC STABILITY
MARKET ACCESS
MARKET INTEGRATION
MARKET SHARES
MATCHING GRANTS
MEDIUM ENTERPRISES
NATURAL RESOURCES
NET INFLOWS
POLITICAL PARTIES
PRIVATE FIRMS
PRIVATE INVESTMENT
PRIVATE SECTOR
PROGRAMS
PROPERTY RIGHTS
PUBLIC
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PUBLIC PROCUREMENT
PUBLIC PROCUREMENT CONTRACTS
PUBLIC SECTOR
REDUCING UNCERTAINTY
REFORM PROGRAM
REGULATORY FRAMEWORK
REGULATORY POLICY
RESEARCH AGENDAS
RESEARCH CENTERS
ROAD INFRASTRUCTURE
ROADS
SCIENTISTS
SMALL FIRMS
SOCIAL STABILITY
STRUCTURAL REFORMS
SUPPLIERS
TAX
TAX COLLECTION
TAX POLICIES
TECHNICAL PROGRESS
TECHNOLOGICAL CAPABILITIES
TECHNOLOGY TRANSFER
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TOTAL FACTOR PRODUCTIVITY GROWTH
TRADE NEGOTIATIONS
TRANSACTIONS COSTS
TRANSPARENCY
TRANSPORT COST
TRANSPORT COSTS
UNFAIR COMPETITION
VALUE ADDED
WAGES
WEALTH
WORLD ECONOMY
World Bank
Peru - Microeconomic Constraints to Growth: The Evidence from the Manufacturing Sector
geographic_facet Latin America & Caribbean
Peru
description 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.
format Economic & Sector Work :: PSD, Privatization and Industrial Policy
author World Bank
author_facet World Bank
author_sort World Bank
title Peru - Microeconomic Constraints to Growth: The Evidence from the Manufacturing Sector
title_short Peru - Microeconomic Constraints to Growth: The Evidence from the Manufacturing Sector
title_full Peru - Microeconomic Constraints to Growth: The Evidence from the Manufacturing Sector
title_fullStr Peru - Microeconomic Constraints to Growth: The Evidence from the Manufacturing Sector
title_full_unstemmed Peru - Microeconomic Constraints to Growth: The Evidence from the Manufacturing Sector
title_sort peru - microeconomic constraints to growth: the evidence from the manufacturing sector
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/06/6591557/peru-microeconomic-constraints-growth-evidence-manufacturing-sector
http://hdl.handle.net/10986/14426
_version_ 1764429213364912128