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Poverty, Growth, Structural Change and Social Inclusion Programs: A Regional Analysis of Peru

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  • Mario D. TELLO

Abstract

Under a relative liberal market model of growth and social inclusion programs, in the last decade Peru has had one of highest rate of economic growth and declining levels of poverty and its severity in Latin America. However, more than 60% of the labor force in its 24 regions is still employed in informal activities of low productivity indicating absence of a significant structural change. This paper presents evidence suggesting that such declining rates may be explained by the regional labor reallocation measure of structural change between informal and formal activities rather than social inclusion programs and regional economic growth.

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  • Mario D. TELLO, 2015. "Poverty, Growth, Structural Change and Social Inclusion Programs: A Regional Analysis of Peru," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 15(2), pages 59-74.
    • Handle: RePEc:eaa:eerese:v:15:y2015:i:2_4
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    References listed on IDEAS

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    Cited by:

    1. Aggarwal, Aradhna, 2019. "How has globalisation affected the economic growth, structural change and poverty reduction linkages? Insights from international comparisons," MERIT Working Papers 2019-015, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Victor GAMARRA ECHENIQUE, 2018. "Sectoral Composition Of Growth And Poverty Reduction In Peru: A Regional Approach (2001-2016)," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 18(2), pages 23-42.

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    More about this item

    Keywords

    Structural change; Peru; Poverty; Growth; Informal activities.;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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