In a peer review mechanism, countries mutually review their performance in various areas (such as the OECD) on a voluntary and amicable basis. The African Peer Review Mechanism (APRM) was established in the context of the New Partnership for Africa’s Development (NEPAD), which was set up in 2001. This comprehensive and transparent process is concerned with responsible government action and good economic and financial policies.
Up until now there has been little experience of the APRM. At the beginning of 2006, Ghana was the first country to conclude the process by discussing its review report and starting to implement an action plan. Great significance and legitimacy are attached to the conclusions of the APRM process because of its voluntary nature.