World Bank2013-07-092013-07-092004-06-15https://hdl.handle.net/10986/14426This 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.en-USCC BY 3.0 IGOAGRICULTUREBARRIERS TO ENTRYBIDDINGBUSINESS CASESBUSINESS ENVIRONMENTCOLLABORATIONCOMMODITY PRICESCOMPARATOR COUNTRIESCOMPETITION POLICIESCOMPETITIVENESSCONTRACT ENFORCEABILITYCONTRACT ENFORCEMENTCORPORATIONCUSTOMSDEBTDEMOCRACYDEVELOPMENT ASSISTANCEDOMESTIC FINANCINGDOMESTIC MARKETSE-GOVERNMENTECONOMIC COOPERATIONECONOMIC GROWTHECONOMIC PERFORMANCEECONOMIC POLICIESELECTRICITYEMPLOYMENTENGINEERSENTREPRENEURSEVASIONEXCHANGE RATEEXPORTSEXTERNAL TRADEFINANCIAL CRISISFINANCIAL MARKETSFIRM SIZEFIRMSFOREIGN DIRECT INVESTMENTFOREIGN INVESTMENTFOREIGN TRADEGDPGLOBAL MARKETSGOVERNMENT REGULATIONGROSS DOMESTIC PRODUCTGROWTH PATHGROWTH RATEGROWTH RATESHUMAN CAPITALIMPORTED GOODSINCREASING COMPETITIONINDUSTRY ASSOCIATIONINEFFICIENCYINFLATIONINTEGRATING COUNTRIESINTEREST RATEINTEREST RATESINTERNAL TRADEINTERNATIONAL MARKETSINTERNATIONAL STANDARDSINTERNATIONAL TRADEINVESTMENT CLIMATEINVESTMENT CLIMATESKNOWLEDGE ECONOMYLABOR COSTSLABOR FORCELABOR MARKETSLABOR REGULATIONSLATIN AMERICANLESS DEVELOPED COUNTRIESMACROECONOMIC STABILITYMARKET ACCESSMARKET INTEGRATIONMARKET SHARESMATCHING GRANTSMEDIUM ENTERPRISESNATURAL RESOURCESNET INFLOWSPOLITICAL PARTIESPRIVATE FIRMSPRIVATE INVESTMENTPRIVATE SECTORPROGRAMSPROPERTY RIGHTSPUBLICPUBLIC GOODSPUBLIC INFRASTRUCTUREPUBLIC PROCUREMENTPUBLIC PROCUREMENT CONTRACTSPUBLIC SECTORREDUCING UNCERTAINTYREFORM PROGRAMREGULATORY FRAMEWORKREGULATORY POLICYRESEARCH AGENDASRESEARCH CENTERSROAD INFRASTRUCTUREROADSSCIENTISTSSMALL FIRMSSOCIAL STABILITYSTRUCTURAL REFORMSSUPPLIERSTAXTAX COLLECTIONTAX POLICIESTECHNICAL PROGRESSTECHNOLOGICAL CAPABILITIESTECHNOLOGY TRANSFERTELECOMMUNICATIONSTOTAL FACTOR PRODUCTIVITYTOTAL FACTOR PRODUCTIVITY GROWTHTRADE NEGOTIATIONSTRANSACTIONS COSTSTRANSPARENCYTRANSPORT COSTTRANSPORT COSTSUNFAIR COMPETITIONVALUE ADDEDWAGESWEALTHWORLD ECONOMYWorld Bank10.1596/14426