Overview
Throughout the 1990’s, Peru made significant progress
in combating terrorism, reducing the production of coca,
stabilizing its economy, and improving social services.
However, the government of President Fujimori collapsed
under the weight of corruption, authoritarian rule,
an economic downturn and discredited elections. Following
President Fujimori’s resignation in disgrace in November
2000, a transitional government took measures to begin
to stabilize the political and social environment in
Peru, including conducting open and fair Presidential
and Congressional elections. Since assuming power in
July 2001, the Government of President Alejandro Toledo
has made a commitment to re-establish the country’s
democracy and promote a market-based economy that will
provide benefits to all of Peru’s citizens.
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