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Peruvian Economic System

Decent Essays

2.1. Ecosystem Services in the Peruvian Andes
Nowadays, worldwide economy has behaved in a very explosive and surprising manner. Specially in developing countries, the local economy has faced a great challenge for the people towards globalization. In South America, Peru is a traditional country trying to fit its customs and techniques in agriculture with the fixed and aggressive markets of the world. According to Javier Escobal and Denice Cavero (2014), Peruvian national statistics indicate that the country has experienced persistent economic expansion recently (annual growth averaging over 5% during the last 15 years). However, poverty has not been reduced, specially in rural areas, where it affects two of every three inhabitants. Commonly, people within this marginal regions, have practiced agriculture as a profession and as a tradition since ages.

According to Erin Lennox and John Gowdy (2014), the Peruvians have created and maintained their agricultural system in the Peruvian Andes over many generations using local and ancestral techniques. Over thousands of years, the Peruvian farmers have used these methods in their favor to domesticate a …show more content…

The current market pressures to produce for a globalized market with fixed requirements of consistency, quantity and quality, have provoked the reduction of the diversity of crops in the Andes region (Hellin and Higman, 2005). Mainly, these forces are the result of the neoliberal movement in Peru, which has envisioned to foment large scale production for agroindustry and foreign markets (Crabtree, 2002). Also, another major threat to the Peruvian ecosystem is a number of climatic changes that are already palpable; including growing glacial melt, more intense and volatile temperatures, and fluctuating rainfall amount and seasoning (USAID,

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