Long-Term Growth Prospects in Peru : Leveraging the Global Green Transition and the Reforms Needed to Become a High-Income Country (English)

This paper uses the World Bank Long-Term Growth Model and extensions to study Peru’s long-term growth prospects and its potential to attain high-income economy status. Under a business-as-usual baseline, Peru’s potential GDP growth declines slowly from 2.1 to 1.7 percent over the next two decades, due mostly to demographic factors. In this baseline, it takes more than half a century to reach high income status. To accelerate growth, the paper considers...
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  • Daniel Francisco Barco Rondan;
    Bledi Celiku;
    Chávez,Paulo;
    Arthur Galego Mendes;
    Steven Michael Pennings;
    Elena Resk;

  • 2024/09/06

  • Policy Research Working Paper

  • WPS10900

  • 1

  • Peru,

  • Latin America And Caribbean,

  • 2024/09/06

  • Disclosed

  • Long-Term Growth Prospects in Peru : Leveraging the Global Green Transition and the Reforms Needed to Become a High-Income Country

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Daniel Francisco Barco Rondan; Bledi Celiku; Chávez,Paulo; Arthur Galego Mendes; Steven Michael Pennings; Elena Resk.

Long-Term Growth Prospects in Peru : Leveraging the Global Green Transition and the Reforms Needed to Become a High-Income Country (English). Policy Research working paper Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099323309062418738

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