Peru: Selected Issues

May 28, 2004

Preview Citation

Format: Chicago

Peru: Selected Issues, (USA: International Monetary Fund, 2004) accessed December 21, 2024

Summary

This Selected Issues paper focuses on policies to promote high, sustainable growth in Peru, the risks posed by dollarization, and key medium-term fiscal issues of decentralization and social security reform. The paper identifies the main impediments to output and employment growth and proposes steps to remove them. It uses a balance sheet approach to analyze Peru’s highly dollarized economy, and finds that the factors explaining Peru’s relatively low international trade levels are related to the impediments to growth. The paper also looks at the main impediments to high, sustainable output, and employment growth in Peru.

Subject: Currencies, Currency mismatches, Expenditure, Financial sector policy and analysis, Financial statements, Fiscal federalism, Fiscal policy, Labor, Pension spending, Pensions, Public financial management (PFM)

Keywords: Balance sheet approach, Cost, CR, Currency mismatches, Dollar liquidity, Dollarized economy, East Asia, Employment growth, Financial statements, Fiscal federalism, Foreign currency, Government, ISCR, Pension spending, Pensions, Peru investment climate survey, Rate, Reserve holding, South America, Trade, Western Hemisphere

Publication Details

Pages:

87
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/156
Stock No:

1PEREA0032004
ISBN:

9781451831047
ISSN:

1934-7685

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