Perú: La continuidad del modelo extractivista de desarrollo en el Perú: una aproximación de sus fundamentos económicos

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Abstract

The Peruvian economy depends for its growth on the export of its mineral resources. Peruvian governments depend to a large extent on the fiscal contribution of the mining sector to finance their social expenditures. The core of the current extractive development model is the export of the country’s commodities and the (relatively) free functioning of the markets. We argue that the international division of labor is the main and structural cause of the continuity of the Peruvian extractivist development model. The country’s dependence on economic development in the Global North and the particularity of its economic and business structure are not only products of Peru’s role in the globalized capitalist world, but also strengthen this role. Governmental policies that promote the Peruvian development model are the result of the correlation of economic forces in favor of extractive capital and the state’s fiscal dependence on the mining sector.