Peru shows the way

As Peru prepares to celebrate the 2021 bicentenary of its independence, the government has set itself one major goal: to make Peru a full member of the Organisation for Economic Cooperation and Development (OECD).

The aim is to adopt public policies that meet established OECD standards and provide Peru with an important opportunity to strengthen its institutions and consolidate the country’s development.  But in order to do so, there remain important industrial gaps that will have need be bridged, especially in terms of productivity.

The most important part of this is the fact that Peru has set a goal and an aim that should motivate the country to perform.

If more countries adopted an aim based on productivity development, we might see some dramatic changes to global productivity - and to the global economy.