Academy of Entrepreneurship Journal (Print ISSN: 1087-9595; Online ISSN: 1528-2686)


Benchmarking Proposals in the Macroeconomic Policies of Peru and Singapore in the Last 20 Years

Author(s): Raul Alberto Rengifo Lozano, Ricardo Fernando Cosio Borda, Elmo Ramon Zavala Sheen, Raul Ernesto Porras Lavalle, July Ana Yovera Vargas, Juan Martín Campos Huaman

 The results achieved by Singapore in terms of development levels are recognized by different international organizations. Recently, WEF (Word Economic Forum) published its Global Competitiveness Report of 2019 where it is evident that Singapore has surpassed many countries that previously held the top positions in several of the factors that together generate the global competitiveness index. For this reason, it was decided to benchmark the macroeconomic policies of Singapore and Peru according to which a set of macroeconomic policies are proposed for Peru that would be based on the success achieved by Singapore. In each country, a series of variables have been identified that would support the great difference in scenarios, and according to this, a set of macroeconomic policies are proposed for implementation in Peru. This article presents a simulation model to analyze and prioritize the proposed macroeconomic policies.

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