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The concentration of people and investments in the capital of a country of Latin America: Case of Lima, Peru

Francisco Coronado (Research Department, CENTRUM Catolica Graduate Business School, Pontifical Catholic University of Peru, Lima, Peru)

World Journal of Entrepreneurship, Management and Sustainable Development

ISSN: 2042-5961

Article publication date: 20 September 2019

Issue publication date: 16 October 2019

162

Abstract

Purpose

The purpose of this paper is to analyze the population growth, migration, poverty, economic, political, environmental aspects and the management of the budget at national and municipal levels, including information of other cities in Peru, to define the effect on the quality of life of the population and formulate a management recommendation to help improve the quality of life in Lima and on intermediate cities.

Design/methodology/approach

The methodology of the study consisted on collect, review and select important factors that influence the quality of life in a big city, in this case in Lima, the concentration of people of Peru in Lima, migration and poverty, the coverage and quality of services, the concentration of the economy, public and private investments and services in Lima, some political aspects and a view of the available budget and the needed investment.

Findings

The deficiencies in the habitability conditions of the residents of Lima were verified considering the limited infrastructure and public services, the low level of investments and the limited effectiveness of the technical and administrative work of the municipal authorities and the central government. Although studies on other important cities in Peru are more limited, it could be said that similar limitations are being presented for example in transportation.

Research limitations/implications

The main obstacle to the study is the limited availability of information of such broad aspects that characterize a city that could not be covered in one paper.

Practical implications

The result of the study supports the need to implement appropriate management decisions about urban planning and investment policies for Metropolitan Lima, as well as to raise municipal and central government technical and legal conditions that are attractive for residents and investors for other cities in the country seeking their development, as well as to help counteract the concentration of people in Lima to control the demands of their habitability.

Social implications

The study could impact not only in the habitability conditions of about 10m inhabitants of Lima, but to all the 30m inhabitants of Perú.

Originality/value

Presents an unified vision of the social, economic and political deficiencies to the provision of services to a city concentrating the population of a country.

Keywords

Citation

Coronado, F. (2019), "The concentration of people and investments in the capital of a country of Latin America: Case of Lima, Peru", World Journal of Entrepreneurship, Management and Sustainable Development, Vol. 15 No. 3, pp. 279-291. https://doi.org/10.1108/WJEMSD-08-2018-0074

Publisher

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Emerald Publishing Limited

Copyright © 2019, Emerald Publishing Limited

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