Productive Development Policies in Latin American Countries: The Case of Peru, 1990-2007

This paper assesses the institutional setting and productive impact of selected productive development policies (PDPs), institutions, and programs implemented in Peru during the period 1990-2007. The assessment is based on a simple, basic framework of a series of economic or market failures that may have constrained the transformation of the productive structure, the process of innovation, and the growth of total factor productivity. Evidence indicates that the PDPs and structural reforms implemented in Peru did not significantly alter the productive structure of the Peruvian economy. If the objectives of the PDPs are to transform the productive structure, increase total factor productivity, and enhance innovation, government interventions need to focus directly on the source of market failures and create quality productive changes within the private sector.

Bibliographic Details

Main Author:	Inter-American Development Bank
Other Authors:	Mario D. Tello
Format:	Working Papers biblioteca
Language:	English
Published:	Inter-American Development Bank
Subjects:	Productive Development Policy, Economic Development and Growth, L50 - Regulation and Industrial Policy: General, O25 - Industrial Policy, O40 - Economic Growth and Aggregate Productivity: General, IDB-WP-129,
Online Access:	http://dx.doi.org/10.18235/0010824 https://publications.iadb.org/en/productive-development-policies-latin-american-countries-case-peru-1990-2007
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