Acronyms and abbreviations

AFP

Administradoras de Fondo de Pensiones del Perú (Pension Fund Administrators of Peru)

APEC

Asia-Pacific Economic Cooperation

ASEAN

Association of Southeast Asian Nations

BCRP

Banco Central de la Reserva del Perú (Central Bank of Peru)

BRT

Bus Rapid Transit

CAF

Development Bank of Latin America

CBA

Cost-benefit analysis

CEPLAN

Centro Nacional de Planeamiento Estratégico (National Centre for Strategic Planning)

CITE

Centro de Innovación Tecnológica (Technological Innovation Centre)

CNCF

Consejo Nacional de Competitividad y Formalización (National Competitiveness and Formalisation Council)

CoG

Centre of Government

CONCYTEC

Consejo Nacional de Ciencia, Tecnología e Innovación Tecnológica (National Science and Technology Council)

ECLAC

Economic Commission for Latin America and the Caribbean

ENAHO

Encuesta Nacional de Hogares (National Households Survey)

EPL

Employment Protection Legislation

EsSalud

Seguro Social de Salud (Social Health Insurance)

FOMITEC

Fondo Marco para la Innovación, Ciencia y Tecnología (Fund for Innovation, Science and Technology)

GDP

Gross Domestic Product

GVA

Gross Value-Added

IDB

Inter-American Development Bank

ILO

International Labour Organization

IMF

International Monetary Fund

INEI

Instituto Nacional de Estadística e Informática (National Institute of Statistics)

ITF

International Transport Forum

ITP

Instituto Tecnológico de la Producción (Technological Insitute of Production)

KILM

Key Indicators of the Labour Market

LAC

Latin America and the Caribbean

LPI

Logistics Performance Index

MDCR

Multi-dimensional Country Review

MEF

Ministerio de Economía y Finanzas (Ministry of Economy and Finance)

MILA

Mercado Integrado Latinoamericano (Integrated Latin American Market)

MINAGRI

Ministerio de Agricultura y Riego (Ministry of Agriculture and Irrigation)

MINCETUR

Ministerio de Comercio Exterior y Turismo (Ministry of Trade and Tourism)

MIT

Middle-Income Trap

MTC

Ministry of Transport and Communications

MTN

Multilateral Trade Negotiations

MVCS

Ministerio de Vivienda, Construcción y Saneamiento (Ministry of Housing, Construction and Sanitation)

NAEC

OECD New Approaches to Economic Challenges

NRUS

Nuevo Régimen Único Simplificado (New Single Simplified Regime)

OECD

Organisation for Economic Co-operation and Development

OSITRAN

Organismo Superior de la Inversión en Infraestructura de Transporte de Uso Público (Supervisory Authority of Investments on Public Transport Infrastructure)

PA

Pacific Alliance

PCM

Presidencia del Consejo de Ministros (Presidency of the Council of Ministers)

PEN

Peruvian sol (national currency)

PENTUR

Plan Estratégico Nacional de Turismo (National Strategic Tourism Plan)

PENX

Plan Estratégico Nacional Exportador (National Strategic Export Plan)

PMR

Product Market Regulation

PPP

Purchasing Power Parity

PRODUCE

Ministerio de la Producción (Ministry of Production)

PROMPERU

Comisión de Promoción del Perú para la Exportación y el Turismo (Commission for the Promotion of Peru for Exports and Tourism)

RCA

Revealed Comparative Advantage

RDA

Regional Development Agencies

REMYPE

Registro Nacional de la Micro y Pequeña Empresa (National Register of Micro and Small Enterprises)

RUS

Régimen Único Simplificado (Single Simplified Regime)

SIS

Seguro Integral de Salud (Comprehensive Health Insurance)

SME

Small and Medium-sized Enterprise

SNIP

Sistema Nacional de Inversión Pública (National Public Investment System)

SNP

Sistema Nacional de Pensiones (National Pension System)

SPP

Sistema Privado de Pensiones (Private Pension System)

SPS

Sistema de Pensiones Sociales (Social Pensions System)

STEM

Science, Technology, Engineering and Mathematics

SUNAFIL

Superintendencia Nacional de Fiscalización Laboral (National Superintendency of Labor Inspection)

SUNAT

Superintendencia Nacional de Aduanas y de Administración Tributaria (National Customs and Tax Administration)

SUNEDU

Superintendencia Nacional de Educación Superior Universitaria (National Supervisory Authority for Higher Education)

TEU

Twenty-Foot Equivalent Units

TfL

Transport for London

TFP

Total Factor Productivity

RER

Regimen Especial de impuesto a la Renta (Special Regime Income Tax)

TiVA

Trade in Value-Added

USD

United States Dollar

VAT

Value Added Tax

VET

Vocational Education and Training

WITS

World Integrated Trade Solution

WTO

World Trade Organization