“Polvos Azules is a study in contradiction. According to Gestión, a local business newspaper, 90 percent of its stores are “formalized.” They pay taxes (to some degree) and adhere to basic safety standards. The shops are fully licensed by the city, and much like Lima in general, the building itself has been gradually transforming into something that, at least visually, appears formal and regulated. Dirt floors have been upgraded with ceramic tiling, many of the stores now take most major credit cards, and even Interbank, one of the country’s largest banks, has opened a branch inside the sprawling complex.”
read the whole story here: Beneath Its Polished Surface, a Black-Market Shopping Center Thrives – The Informal City Dialogues.