Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Underdevelopment in Peru: A Profile of Peripheral Capitalism

Underdevelopment in Peru: A Profile of Peripheral Capitalism

Lust, Jan

Paperback

Series: Routledge Critical Development Studies

General Political ScienceGeneral Racism & Ethnic StudiesGeneral Sociology

ISBN10: 1032266899
ISBN13: 9781032266893
Publisher: Routledge
Published: Dec 18 2024
Pages: 220
Weight: 0.75
Height: 0.51 Width: 6.14 Depth: 9.21
Language: English

At a time when Peru continues to reel from the impact of Covid-19 and the eruption of corruption scandals involving five former presidents, this book analyzes the persistence and the structural underpinnings of underdevelopment in Peru.

During the commodities boom of 2004-2011, Peru experienced strong levels of economic growth, bringing poverty down and increasing the middle-class population. In the Covid-19 pandemic, however, the severe lack of structural economic and social improvements has been exposed. With the arrival of the pandemic, hospitals collapsed, oxygen supplies dwindled, and informality rose, with dire consequences for the vulnerable, and for those already working on subsistence wages. Delving into the history of the country, Jan Lust outlines the structural problems that came about following Peru's post-colonial entrance into the world economy and the subsequent neoliberal extractive development model adopted in the 1990s. Only by understanding Peru's specific political, economic, and social conditions can a path towards development be found.

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