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The Regional Implications of Public Investment in Peru, 1968–1983

Published online by Cambridge University Press:  12 October 2022

Patricia A. Wilson  and
Carol Wise
Patricia A. Wilson
Affiliation:
University of Texas at Austin
Carol Wise
Affiliation:
Columbia University
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The past fifteen years in Peru have seen dramatic changes in the role of the public sector in the accumulation and distribution of capital. Increasing structural pressures on the economy, combined with growing disillusionment over the distributional results of the prevailing economic liberalism, set the stage for a nationalist military coup in 1968. With the advent of General Juan Velasco Alvarado and his Gobierno Revolucionario de las Fuerzas Armadas, the public sector shifted from its previous ancillary position of facilitating private investment to emerge as the prime generator of economic growth.

Type
Research Article
Information
Latin American Research Review , Volume 21 , Issue 2 , 1986 , pp. 93 - 116
Copyright
Copyright © 1986 by the University of Texas Press

Footnotes

∗

The authors wish to acknowledge the Fulbright Commission for the funding that made this research possible and the members of the Centro de Investigación of the Universidad del Pacífico in Lima for their hospitality and collaboration.

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