Replacement income and informal commerce during the COVID-19 pandemic in Huancayo, Peru

This article constitutes an empirical contribution regarding the correlation between economic informality and the COVID-19 pandemic in Peru. Based on interviews with merchants in the informal sector of the city of Huancayo, the pandemic-related impacts are analyzed in relation to income and liveliho...

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Main Authors: Patrick Clark, Aparicio Chanca-Flores, Susan Vincent
Format: Article
Language:Spanish
Published: Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador 2023-05-01
Series:Íconos
Subjects:
Online Access:https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/5544
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author Patrick Clark
Aparicio Chanca-Flores
Susan Vincent
author_facet Patrick Clark
Aparicio Chanca-Flores
Susan Vincent
author_sort Patrick Clark
collection DOAJ
description This article constitutes an empirical contribution regarding the correlation between economic informality and the COVID-19 pandemic in Peru. Based on interviews with merchants in the informal sector of the city of Huancayo, the pandemic-related impacts are analyzed in relation to income and livelihoods. It is argued that informal employment played an important role in the tragic indicators of public health in the country. The intrinsic flexibility of this type of activities, specifically for walking merchants, and the lack of access to systems and programs of social security were the main reasons that people worked in this sector to replace the income they lost due to confinement. Thus, the notion “replacement of income” in the economy appeared during the pandemic. The heterogeneity among those who carry out informal work, specifically in terms of their access to different resources, enabled such work and enabled some people to control their exposure to the virus. It is concluded that the focus on economic formalization of the last decades of financial liberalization are not considered advantages that informal activities offer in relation to formalization. In fact, informality continues to offer the best opportunity for immediate income and highly flexible options, in particular for adapting to crisis situations like the pandemic.
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issn 1390-1249
2224-6983
language Spanish
publishDate 2023-05-01
publisher Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador
record_format Article
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spelling doaj-art-4f14bd0b4dcd4ab59aecfe16365e96e12025-02-02T15:29:01ZspaFacultad Latinoamericana de Ciencias Sociales, Sede EcuadorÍconos1390-12492224-69832023-05-01277616718510.17141/iconos.76.2023.5544Replacement income and informal commerce during the COVID-19 pandemic in Huancayo, PeruPatrick Clark0https://orcid.org/0000-0002-6556-913XAparicio Chanca-Flores1https://orcid.org/0000-0002-5664-5444Susan Vincent2https://orcid.org/0000-0001-9166-1477York UniversityUniversidad Nacional del Centro del PerúUniversidad de San Francisco Javier This article constitutes an empirical contribution regarding the correlation between economic informality and the COVID-19 pandemic in Peru. Based on interviews with merchants in the informal sector of the city of Huancayo, the pandemic-related impacts are analyzed in relation to income and livelihoods. It is argued that informal employment played an important role in the tragic indicators of public health in the country. The intrinsic flexibility of this type of activities, specifically for walking merchants, and the lack of access to systems and programs of social security were the main reasons that people worked in this sector to replace the income they lost due to confinement. Thus, the notion “replacement of income” in the economy appeared during the pandemic. The heterogeneity among those who carry out informal work, specifically in terms of their access to different resources, enabled such work and enabled some people to control their exposure to the virus. It is concluded that the focus on economic formalization of the last decades of financial liberalization are not considered advantages that informal activities offer in relation to formalization. In fact, informality continues to offer the best opportunity for immediate income and highly flexible options, in particular for adapting to crisis situations like the pandemic.https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/5544informal commercecovid-19informal economyperuprecaritysocial reproduction
spellingShingle Patrick Clark
Aparicio Chanca-Flores
Susan Vincent
Replacement income and informal commerce during the COVID-19 pandemic in Huancayo, Peru
Íconos
informal commerce
covid-19
informal economy
peru
precarity
social reproduction
title Replacement income and informal commerce during the COVID-19 pandemic in Huancayo, Peru
title_full Replacement income and informal commerce during the COVID-19 pandemic in Huancayo, Peru
title_fullStr Replacement income and informal commerce during the COVID-19 pandemic in Huancayo, Peru
title_full_unstemmed Replacement income and informal commerce during the COVID-19 pandemic in Huancayo, Peru
title_short Replacement income and informal commerce during the COVID-19 pandemic in Huancayo, Peru
title_sort replacement income and informal commerce during the covid 19 pandemic in huancayo peru
topic informal commerce
covid-19
informal economy
peru
precarity
social reproduction
url https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/5544
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AT apariciochancaflores replacementincomeandinformalcommerceduringthecovid19pandemicinhuancayoperu
AT susanvincent replacementincomeandinformalcommerceduringthecovid19pandemicinhuancayoperu