How Alberto Fujimori was able to maintain popular support after the Term Paper

How Alberto Fujimori was able to maintain popular support after the shock - Term Paper Example Garcia started well, but by 1989, things started going haywire. His leadership was riddled in corruption; hence, he started losing the popular support of his people. Furthermore, hyperinflation almost crippled the economy of Peru in 1989. All these culminated in the end of his leadership tenure in 1990 (Caretas 98). Next was the leadership of Alberto Fujimori in 1990. When Fujimori inherited the presidency, Peru was faced with various challenges; soaring unemployment rates, hyperinflation, high violence rates, and the public’s disillusionment with politicians and political parties. Fujimori implemented what is widely known as the ‘’shock therapy’’ which he felt was the best way that he would use to revive the country that was riddled with very many economic challenges and vices. Fujimori was able to maintain popular support even after the shock therapy, which many pundits deemed ineffective. This paper analyses the political tenures of Peru’s presidents since the 1980, including the tenure of Alberto Fujimori, the brainchild behind the shock therapy. The paper also analyses why Fujimori was able to maintain popular support even after the shock therapy, and the decline of his power in Peru. In order to understand what Fujimori encountered through his gove rnment and the decisions he made, we need to go back a decade before and follow the reasons that created and maintained a rolling snowball to this country’s most desperate times (Rousseau 118). Fernando Belaunde Terry, born October 7, 1912 was a politician, educator and architect, and twice served as president of Peru. Peru is known for stagnant dictatorship, but Belaunde sought to introduce a laissez-faire form of leadership that would ensure that events in his country were handled in a democratic manner. Belaunde was first elected to the presidency in 1963, but, he was overthrown and exiled in 1968 in a bloodless