[1] The policy reform undertaken by the Peruvian government with the assistance of the World Bank, has stimulated one of the fastest growing economies in Latin America.
[2] In 2018, the Work Bank estimated that the Peruvian economy would have one of the highest growth rates among Latin American countries that year.
[3] The World Bank's ‘‘Country Partnership Framework’ for Peru establishes three focus points for the nation's investments.
[6] The three main objectives for the project are 1) improving governance of the water supply, and sanitation service provider efficiency, 2) expanding the water supply and sanitation services to target regions by expanding and rehabilitating existing infrastructure, 3) training locals though project implementation.
The project aims to raise the standards for timely and complete national accounts, and the production of statistical information related to Peru's dealings with OECD.
[7] The World Bank claims that in result of the policy reforms, job growth was strong enough to lower the percent of the population living on $5.50 a day from 52.2% in 2005 to 26.1% in 2013.
Also the new laws diminishes penal sanction for employers in cases of worker injury or death caused by a violation of safety procedures.
This has brought in $5.4 billion in FDI but also resulted in high rates of deforestation, water pollution and the displacement of local communities.