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A mutually beneficial relationship
Peru is amongst the first countries to engage with the OECD through an OECD Country Programme. On 7 May 2014, the Meeting of the OECD Council at the Ministerial Level recognised Peru’s interest in engaging in a Country Programme with the OECD, and offered it a formal invitation to do so. On the sidelines of the Ibero-American Summit of Heads of State, the OECD Secretary-General and the President of Peru launched the Programme on 8 December 2014. The Programme is built around five key areas for Peru: economic growth; public governance, anti-corruption and transparency; human capital and productivity; and environment.
In this context, Peru participates in the substantive work of many of the OECD’s specialised Committees. The Programme comprises policy reviews, implementation and capacity building projects, participation in OECD Committees and adherence to selected OECD legal instruments. On 14 October 2016, OECD Secretary General Angel Gurría and President Pedro Pablo Kuczynski of Peru opened a Peru-OECD Forum, which discussed the key outcomes of the 2015-2016 Country Programme, including four new policy reviews (Multidimensional Country Review of Peru, Public Governance Review of Peru, Territorial Review of Peru, and Skills Beyond School - Vocational Educationand Training Review). Through the Country Programme, Peru has also taken an important step in its relationship with the OECD by adhering to selected OECD legal instruments, such as the Anti-Bribery Convention.
To co-ordinate the relationship, the OECD’s Global Relations Secretariat develops and oversees the strategic orientation of this relationship and ensures that the dialogue remains focused and forward-looking.
This results in a mutually beneficial relationship. The review and evaluation procedure allows for the sharing of OECD standards and best practices with Peruvian authorities, and the identification of areas for future reforms. Peru values the opportunity to discuss major policy issues and challenges in a multilateral context and to learn from the experiences of OECD countries facing similar challenges in many areas. In turn, this dialogue enriches the OECD’s knowledge and policy advice, and benefits OECD members and non-OECD economies by enabling them to acquire a better understanding of Peru.
- OECD Secretary-General Angel Gurría at the OECD-Peru Foum on 14 October, pictured alongside President of Peru Pedro Pablo Kuczynski and Vice President of the World Bank for Latin America and the Caribbean, Jorge Familiar
Peru's participation in OECD bodies
As a result of its Country Programme, Peru is increasingly beginning to adhere to OECD Legal Instruments and participate in OECD Bodies. Peru is an Associate in one OECD Body and a Participant in three. It has also adhered to six OECD legal instruments, and is a member of the Global Forum on Transparency and Exchange of Information for Tax Purposes (October 2014). Peru is featured in various OECD flagship publications, such as the Latin American Economic Outlook, Government at a Glance in Latin America, Pensions at a Glance in Latin America, and Revenue Statistics in Latin America; and is also currently the subject of a wide range of specific policy reviews through its Country Programme, on the topics of education and skills, youth, health systems, public governance, public sector integrity, regulatory policy, and public procurement, to name only a sample. The first review from Peru's Country Programme, the Multi-dimensional Country Review of Peru, was released in October 2015.
Peru’s official statistical data is also included in various OECD datasets, such as PISA; Revenue Statistics; Government at a Glance; international migration; environmental data; and pension monitoring. It is set to be integrated into the next update of the TiVA database as a part of its Country Programme.
Peru participates in ten OECD-LAC Regional Forums and Networks, and hosted the 2015 meetings of the Latin America and the Caribbean Network on BEPS and the OECD-Latin America Anti-Corruption Programme in Lima. Peru joined the Development Centre in July 2008.
Latest OECD Publications on Peru
This report provides policy actions to tackle the main bottlenecks to boost inclusive development and well-being in Peru. In particular, this report presents an in-depth analysis and policy recommendations to boost economic diversification and productivity, improve connectivity and reduce informality. Policy actions in these areas demand better institutions and improvements in areas and markets, including research and development and innovation, fiscal policy, education and skills, logistics and transport infrastructure as well as labour and product markets.
Additional Recent Reviews of Peru:
Upcoming OECD Policy Reviews on Peru (for 2016) under Country Programme: