Development of Regional Economics Studies in Peru: Contributions and Criticisms

Juan Palomino

doi:10.18800/economia.202002.002

Abstract

This research presents an overview of the evolution of regional economic studies in Peru. After a brief introduction, the document presents a summary of the different conceptions of space in Regional Economics through time. In addition, the document shows the origins of Regional Economics, as well as the factors that explain the interest in the development of regional studies in the Latin American context. This document also explains the importance of the geographical space of Peru for regional research. Indeed, the country is the perfect setting because Peru has a wide geographic diversity (ecosystems, microclimates) throughout its territory, it has implemented a variety of public policies to propose economic growth measures, and it has many social issues to propose territorial policies (migration, crime, health, employment, among others). Despite these characteristics, regional research in Peru is relatively less than in other Latin American countries. Finally, the document offers the contributions and criticisms of the regional studies in the Peruvian context.

Highlights

In the last two decades, Regional Economics studies have been characterized by exciting new developments, marked by a growing trend over time, which has allowed to position itself as one of the main branches of the Economics
The Regional Economics is a branch of the Economics where the main component is the spatial dimension, that is, it is the study of how space affects the economic behavior and operation of markets; see Capello (2009)
I present an overview of the development of regional studies in the Latin American and Peruvian context in recent decades

Summary

Introduction

In the last two decades, Regional Economics studies have been characterized by exciting new developments, marked by a growing trend over time, which has allowed to position itself as one of the main branches of the Economics. In Latin America, the emergence of regional studies has come more from the historical economic and social context that Latin countries have suffered, such as economic inequality, poverty, agrarian reforms, migration, among other issues. This has attracted more attention from international organizations (World Bank, CAF, ECLAC) and policy makers. There are issues such as migration, crime, health, employment, among others that are interesting to address from a spatial approach Given these geographical, economic and social characteristics that are favorable for developing new topics with a territorial and spatial approach, Development of Regional Economics Studies in Peru: Contributions and Criticisms 41.

The Rise of Regional Economics

The Interest of Regional Studies in the Latin American Context

The Path of Regional Studies in Peru

Findings

Conclusions