Incidence of the factors of production on Peru's socio-economic growth, 1995-2019 period

Abstract

Between 2004 and 2009 public and private investment grew vertiginously reaching a peak growth of 6.04% for 2010, this was thanks to the fact that investment that year was largely explained by the shock of public investment in infrastructure. Although for the year 2009 private investment had a fall of 1.5% this due to the global financial economic crisis. The result of the students reflects that Peru is the country that invests the least in education. This is how "14% of second-year students only understand what they read, while 17% can only solve mathematical problems", so indicates Marilú Martens (2020). Between 2001 and 2015 the total amount of educational investment in Peru increased from 14.80% to 17.57% of public spending. While it is true that this may seem like a suggestive effort, but the truth is that the investments made in the world have been much higher. In this way, our "commitment to education" is overshadowed. By 2017, Peru ranked 46th for the amount invested in health. Likewise, in Latin America, Peru is one of the countries with the least hospital bed and the least doctor per inhabitant. When studying the composition of Peruvian per capita spending on health, the study reveals that 61% of spending is of public origin while 39% is of private origin. Between 2001 and 2015, the total amount of investment in health in Peru increased from 12.65% to 13.91% of public spending. It can be seen that little or nothing is being done to strengthen the health sector.