Peru’s president opens Pandora’s box

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Peru’s president opens Pandora’s box
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There are no easy answers to Peru’s conflict of powers

Peru has stood out from much of the rest of Latin America for two reasons. First, thanks to free-market policies, its economy has grown much faster. Whereas 55% of the population were poor in 2001, today only 21% are. Second, despite this rapid progress, polls show that Peruvians are unusually scornful of their politicians and their democracy. Yet political stability has been preserved.

The precarious political balance was first endangered by the election in 2016, won by just 41,000 votes by Pedro Pablo Kuczynski, a former banker. His opponent, Keiko Fujimori, who had won a majority in congress, never accepted defeat. Though she had few ideological differences with the government, she set out to bring it down. After Mr Kuczynski was forced to resign over corruption allegations, Mr Vizcarra, the vice-president, took over.

Ms Fujimori’s father, Alberto, ruled Peru as an autocrat from 1990 to 2000. He slew inflation and the Shining Path terrorist movement, but left a legacy of systematic corruption and a country politically divided.represents something deep in Peruvian society: popular capitalism, the informal economy and the idea that rules are to be manipulated rather than respected. Partly under its influence, political parties have been hollowed out and turned into vehicles for private interests..

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