Social Vulnerability in the Context of Economic Development: The Case of Buenaventura

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Published: Jan 9, 2023
DOI: https://doi.org/10.53556/rec.v60i.236
Keywords:
Buenaventura, Economic Development, Pacific Coast, Development opportunities, Social vulnerability

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Bilver Adrián Astorquiza Bustos
Universidad de Manizales
Sandra Paola Ibáñez
Universidad del Valle
Maribel Castillo Caicedo
Universidad del Valle
Carlos Arango Pastrana
Universidad del Valle

Abstract

This essay analyzes four economic and social indicators— economic relevance, employment (unemployment), NBI, and net coverage in education for the District of Buenaventura during the period 2015-2019—to determine if economic development and progress line up with the living conditions of its population. Additionally, we report the Progress Porverty Out Index (PPI), a measure that allows us to estimate the percentage of the population in a situation of vulnerability. The results show that the economic relevance of this District is not consistent with the level of well-being of its population, explained by an increase in unemployment and a PPI of 74.8 points, which implies that 68.5% of its population is in a situation of unemployment and vulnerability.


Keywords: vulnerability, unemployment, education, PPI, Buenaventura.

Article Details

Issue
Vol. 60 (2022): The Colombian Pacific Coast: Life Rhythms from Juradó to Cabo Manglares
Section
Articles
Author Biographies

Bilver Adrián Astorquiza Bustos, Universidad de Manizales

Professor and Researcher at the Faculty of Accounting, Economic and Administrative Sciences of the University of Manizales. PhD(c) in Economics from the EAFIT University and Doctorate in Economic Sciences from the Pontificia Universidad Javeriana - Cali. Currently, I have the recognition of Associate Researcher (I) by the Ministry of Science, Technology and Innovation (Minciencias).

 

 

 

 

Sandra Paola Ibáñez, Universidad del Valle

Business Administrator and MA in Education with emphasis on Popular Education and Community Development; she holds a Diploma in Web Application Development; Management and Public Management, and Leadership and Innovation for Social Transformation. Co-founder of MedidAfro, a sustainable ethnic fashion venture from the Afro cultural heritage. Researcher, with more than six years of experience working in intervention processes with Afro-Colombian communities, youth and rural population in the formulation, implementation and management of science and technology projects with social impact.

 

 

 

Maribel Castillo Caicedo, Universidad del Valle

PhD in Social Sciences, Childhood and Youth from CINDE at University of Manizales. She holds a Master’s degree in Applied Economics from Universidad del Valle.

Carlos Arango Pastrana , Universidad del Valle

Professional in Foreign Trade with an MA in Industrial Organization and Business Management and a PhD in Industrial Organization and Business Management. Appointed professor and Vice-Dean of Research at the School of Management Sciences of Universidad del Valle. He is a professor in the Department of Adminstration and Organizational Studies.