Skip to main content Accessibility help
×
Home
Hostname: page-component-99c86f546-66nw2 Total loading time: 0.198 Render date: 2021-12-05T04:50:27.668Z Has data issue: true Feature Flags: { "shouldUseShareProductTool": true, "shouldUseHypothesis": true, "isUnsiloEnabled": true, "metricsAbstractViews": false, "figures": true, "newCiteModal": false, "newCitedByModal": true, "newEcommerce": true, "newUsageEvents": true }

Economic Stabilization and Structural Adjustment Under Fujimori

Published online by Cambridge University Press:  02 January 2018

Efraín Gonzales de Olarte*
Affiliation:
Instituto de Estudios Peruanos (IEP), Pontificia Universidad Catόlica del Perύ

Extract

When Alberto Fujimori campaigned for president of Peru W i n 1990, he ran on a platform in which he promised to institute a moderate program of gradual economic stabilization, including the privatization of certain state-owned enterprises. These promises were instrumental in his scoring an upset victory over writer Mario Vargas Llosa, who had been the odds-on favorite to win just three months earlier — and, thus, to become Peru's third popularly elected president in his country's ten years of continuous democracy.

Nevertheless, soon after Alán García relinquished the presidential office, in July 1990, to the newly-elected president, those election promises underwent a dramatic reversal. On the grounds that he had inherited a bankrupt country which left him no alternative (no habia otra cosa que hacef), the new president moved quickly to establish a stabilization program of classic orthodoxy in August 1990 (Fujimori, 1990).

Type
Research Article
Copyright
Copyright © University of Miami 1993

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Cotler, J. (1990) “Partidos políticos e inestabilidad democrática en el Peru.” Paper presented at the seminar on “Parties and Party Systems in Latin America,” the Helen Kellogg Institute, Notre Dame University, South Bend (IN).Google Scholar
Degregori, C. (1990) El surgimiento de Sendero Luminoso. Lima, Peru: Instituto de Estudios Peruanos (IEP).Google Scholar
Degregori, C. and Grompone, R. (1991) Elecciones 1990: demonios y redentores en el nuevo Peru (Colección Minima 24). Lima, Peru: Instituto de Estudios Peruanos (IEP).Google Scholar
Dornbusch, R. (1991) “Credibility and stabilization.” Ouarterly Journal of Economics 106, 3 (September): 837.Google Scholar
Favre, H. (1984) “Sendero Luminoso, horizontes oscuros” Que Hacer (DESCO, Lima) 31: 2534.Google Scholar
Fujimori, A. (1990) Presidential Address to the Congress, 28 July.Google Scholar
Gonzales de Olarte, E. (1993) “Restricciones institucionales a las politicas económicas en el Perú” (Documento de Trabajo 43, May). Lima, Peru: Instituto de Estudios Peruanos-Consorcio de Investigatión Económica.Google Scholar
Gonzales de Olarte, E. (1992) “Reforma del estado y políticas de estabilización económica 1979-1992: El Perú, un caso especial” (Documento de Trabajo 41). Lima, Peru: Instituto de Estudios Peruanos- Consorcio de Investigatión Económica.Google Scholar
Gonzales de Olarte, E. (1991) “Una economía bajo violencia: Perú 1980-1990” (Documento de Trabajo 40). Lima, Peru: Instituto de Estudios Peruanos-Consorcio de Investigación Económica.Google Scholar
Gonzales de Olarte, E. and Samame, (1991) El pendulo Peruano: Politicas económicas, gobernabilidad y subdesarrollo, 1963-1990 (Serie Análisis Económico). Lima, Peru: Instituto de Estudios Peruanos (IEP).Google Scholar
Gorrltti, G. (1990) Sendero: historia de la guerra milenaria en el Perú. Lima, Peru: Editorial Apoyo.Google Scholar
IBC-USA (1992) “Political Risk Services.”Google Scholar
Macgregor, F. (ed.) Violencia Estructural en el Perú. Lima, Peru: Asociación Peruana de Estudios para la Paz (APEP).Google Scholar
Martinelli, C. and Chiney, J. (1991) “Efectos de largo plazo de las crisis de ajuste en el Perú” (Documento de Trabajo 29). Lima, Peru: Instituto de Estudios Peruanos (IEP).Google Scholar
Mcclintock, C. (1983) “Sendero Luminoso: Peru's Maoist Guerrillas.” Problems of Communism (September/October):Google Scholar
Peru, . Senado de la República (1992) Violencia y pacificatión. Comisión especial del Senado sobre las causas de la violencia y alternativas de pacificatión. Lima, Peru: Senado de la República.Google Scholar
Sheahan, J. (1992) “Peru's Return to an Open Economy: Macroeconomic Complications and Structural Questions.” Paper presented to international meeting of the Latin American Studies Association, Los Angeles (CA), 2527 September.Google Scholar
Vega-Centeno, M. (1989) “La violencia estructural en el Peru: causas, mecanismos y efectos económicos,” in MacGregor, Felipe (ed) Violencia Estructural en el Perú. Lima, Peru: Asociación Peruana de Estudios para la Paz (APEP).Google Scholar
Webb, R. (1991) “Estabilización y crecimiento en el Perú,” preface in Paredes, Carlos and Sachs, Jeffrey (eds.) Estabilización y crecimiento en el Perú. Lima, Peru: Grupo de Análisis para el Desarrollo (GRADE).Google Scholar
Webb, R. and Fernandez Baca, G. (1992) Perú en numeros 1992: Anuario estadístico. Lima, Peru: Cuanto S.A.Google Scholar
Williamson, J. (1990) The Progress of Policy Reform in Latin America. Washington, DC: Institute for International Economics (IIE).Google Scholar
9
Cited by

Send article to Kindle

To send this article to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about sending to your Kindle. Find out more about sending to your Kindle.

Note you can select to send to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be sent to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Economic Stabilization and Structural Adjustment Under Fujimori
Available formats
×

Send article to Dropbox

To send this article to your Dropbox account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your <service> account. Find out more about sending content to Dropbox.

Economic Stabilization and Structural Adjustment Under Fujimori
Available formats
×

Send article to Google Drive

To send this article to your Google Drive account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your <service> account. Find out more about sending content to Google Drive.

Economic Stabilization and Structural Adjustment Under Fujimori
Available formats
×
×

Reply to: Submit a response

Please enter your response.

Your details

Please enter a valid email address.

Conflicting interests

Do you have any conflicting interests? *