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Peru : Building a More Efficient and Equitable Fiscal Decentralization System (English)

Over the past two decades, Peru has achieved remarkable economic success. Average annual Gross Domestic Product (GDP) growth has exceeded 5 percent since 2001. Poverty has been consistentlyreduced, and sustained improvements have been observed in social and human development. The poverty incidence rate fell from 58 to 23 percent between 2004 and 2014, and households’ incomes atthe bottom 40 percent grew 50 percent faster than the national average...
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Blanco Cossio,Fernando Andres; Martinez-Vazquez,Jorge; Porras Mendoza,Linda Janet; Ali Lothrop,Maryam; Lothrop,Sean Craig.

Peru : Building a More Efficient and Equitable Fiscal Decentralization System (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/106651568318660229

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