Highways, Development, and Time Compression: How Infrastructure Reshapes Economic Mobility in Peru’s Cajamarca Region
The report on the Cajamarca regional highway in Peru is, on the surface, a story about road improvement. But at a deeper level, it is a clear example of how infrastructure investment acts as a “time compression mechanism” in developing regional economies—reducing travel time, lowering logistics friction, and increasing effective productivity per unit of labor […]
