Actual Problems of Illegal Mining in Peru: Prospects and Challenges

Abstract

Purpose

The purpose of this chapter is to analyze the economic problems associated with illegal mining of minerals, primarily gold, in Peru, such as the development of shadow business, illegal activities, income hiding, labor exploitation, disastrous environmental consequences and the results of efforts to develop a coherent policy against illegal mining in Peru.

Design/Methodology/Approach

In the article, authors use an empirical approach and a system analysis, during which the object of research (companies engaged in illegal gold mining) is considered as a system that responds to external influences (requirements, challenges, etc.) and interacts with the internal environment (legal, institutional, etc.)

Findings

Since 2016, the consolidation and deepening of the state policy to eradicate the illegal mining of metal resources, including gold, is observed in Peru. The government is developing a coherent, dynamic program to tackle this complex problem.

Originality/Value

In the article, as a result of the analysis of the state policy to combat illegal mining, it is concluded that to achieve success in the implementation of a comprehensive program for the sustainable development of the country's mining complex, active participation of the state in this process is necessary. Government assistance with the mining complex development should range from adequate provision of affordable, timely and adequate basic services to the guarantees of legal rights protection to all parties involved in mining activities.

Citation

Karzanova, I.V. and Cordova, S.D.A. (2022), "Actual Problems of Illegal Mining in Peru: Prospects and Challenges", Popkova, E.G. and Andronova, I.V. (Ed.) Current Problems of the World Economy and International Trade (Research in Economic Anthropology, Vol. 42), Emerald Publishing Limited, Leeds, pp. 83-91. https://doi.org/10.1108/S0190-128120220000042009