Hostname: page-component-8448b6f56d-dnltx Total loading time: 0 Render date: 2024-04-23T18:22:11.228Z Has data issue: false hasContentIssue false

The Politics of Peruvian Economic Reform: Overcoming the Legacies of State-Led Development

Published online by Cambridge University Press:  02 January 2018

Carol Wise*
Affiliation:
Paul H. Nitze School of Advanced International Studies (SAIS), of the Johns Hopkins University, and Carnegie Endowment for International Peace in Washington (DC)

Extract

On 5 April 1992, Peruvian President Alberto Fujimori dissolved the Congress and suspended all constitutional guarantees, thus rendering Peru the first, among the seven leading countries of Latin America, to initiate a formal break away from the trend toward legally-elected civilian regimes which has been sweeping the region since the early 1980s. Peru's rupture of democratic rule occurred during a wave of domestic violence that evolved from, and is the consequence of, at least three major developments.

Type
Research Article
Copyright
Copyright © University of Miami 1994

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

Abugattas, J. (1991) “The Social Emergency Program,” pp. 139159 in Paredes, C. and Sachs, J. (eds.) Peru's Path to Recovery. Washington, DC: The Brookings Institution.Google Scholar
Alvarez, A. (1991) Empresas estatales y privatización: como reformar la actividad empresarial del estado en el Perê. Lima, Peru: Editorial Apoyo.Google Scholar
(The) Andean Report (1990) “Unions Revamp Strategy to Offset Strike Fiasco.” (November): 188.Google Scholar
Astiz, C. (1969) Pressure Groups and Power Elites in Peruvian Politics. Ithaca, NY: Cornell University Press.Google Scholar
Borgatti, J. (1988) “Divestiture Program of Inversiones, Corporación Financiera de Desarrollo (COFIDE) S.A. (ISCA)” (21 March). Washington, DC: US Agency for International Development (AID), Bureau for Private Enterprise.Google Scholar
1/2 de Cambio (1992) “El golpe y la opinion de pêblico.” (16-30 April): 1516.Google Scholar
Crouch, C. (1985) “Conditions for Trade Union Wage Restraint,” pp. 105139 in Lindberg, L. and Maier, C. (eds.) The Politics of Inflation and Economic Stagnation. Washington, DC. The Brookings Institution.Google Scholar
Degregori, C. (1990) El surgimiento de Sendero Luminoso. Lima, Perê: Instituto de Estudios Peruanos (IEP).Google Scholar
De Soto, H. (1989) The Other Path: The Invisible Revolution in the Third World. New York, NY: Harper and Row.Google Scholar
Devlin, R. (1985) Transnational Banks and the External Finance of Latin America: The Experience of Peru. Santiago, Chile: United Nations.Google Scholar
Durand, F. (1992) “The New Right and Political Change in Peru,” pp. 239257 in Chalmers, D., do Carmo Capello de Souza, M., and Boron, A. (eds.) The Right and Democracy in Latin America. New York, NY: Praeger Publishers.Google Scholar
(The) Economist (1994) “Privatisation in Peru: A Shinier Path?” (5 February): 70.Google Scholar
Evans, P. (1989) “Predatory, Developmental, and Other Apparatuses: A Comparative Political Economy Perspective on the Third World State.” Sociological Forum 4, 4 (December): 561587.Google Scholar
Fitzgerald, E. (1979) The Political Economy of Peru, 1956-1978: Economic Development and the Restructuring of Capital. New York, NY: Cambridge University Press.Google Scholar
Geddes, B. (1994) Politician's Dilemma: Reforming the State in Latin America. Berkeley, CA: University of California Press.CrossRefGoogle Scholar
Gereffi, G. and Wyman, D. (eds.) (1990) Manufacturing Miracles. Princeton, NJ: Princeton University Press.CrossRefGoogle Scholar
Giesecke, A. (ed.) (1985) Reporte de investigatión: la organizatión del sector pêblico peruano. Lima, Peru: Proyecto de Gestión Publica, Escuela de Administratión de Negocios.Google Scholar
Glade, W. (ed.) (1986) State Shrinking: A Comparative Inquiry into Privatization. Austin, TX: University of Texas, Institute of Latin American Studies, Office of Public Sector Studies.Google Scholar
Gonzales, E. and L. Samame (1991) El pendulo peruano: politicas economicas, gobernabilidadysubdesarrollo, 1963-1990. Lima, Peru: Institute de Estudios Peruanos (IEP).Google Scholar
Gonzales, E. (1992) “Reforma del estado y políticas de estabilización económica 1979-1992: el Perú, un caso especial” (Documento de Trabajo No. 4). Lima, Perú: Instituto de Estudios Peruanos (IEP).Google Scholar
Gonzales, E. (1993) “Peru's Economic Program under Fujimori.Journal of Interamerican Studies and World Affairs 35, 2 (Summer): 5180.Google Scholar
Gorriti, G. (1990) Sendero: historia de la guerra milenaria en el Peru. Lima, Peru: Editorial Apoyo.Google Scholar
Graham, C. (1993) “Economic Austerity and the Peruvian Crisis: The Social Costs of Autocracy.” SAIS Review 13, 1 (Winter-Spring): 4560.CrossRefGoogle Scholar
Fiaggard, S. (1990) Pathways from the Periphery. Ithaca, NY: Cornell University Press.Google Scholar
Kisic, D. (1987) De la corresponsibilidad a la moratoria: el caso de la deuda externa peruana 1970-1986. Lima, Perú: Fundación Friedrich Ebert and Centro Peruano de Estudios Internacionales (CPEI).Google Scholar
Lago, R. (1992) “The Illusion of Pursuing Redistribution Through Macropolicy: Peru's Heterodox Experience, 1985-1990,” pp. 263330 in Dornbusch, R. and Edwards, S. (eds.) The Macroeconomics of Populism in Latin America. Chicago, IL: University of Chicago Press.Google Scholar
Latin American Monitor-Andean Group (1993) “Paris Club Agrees Rescheduling.” (June): 1159.Google Scholar
Latin American Weekly Report (LAWR) (1991a) “Conflict of Powers in Peru Worsens as Fujimori Defies Vote of Censure.” (26 December): 1.Google Scholar
Latin American Weekly Report (LAWR) (1991b) “Congress Denies Fujimori Policies.” (5 December): 11.Google Scholar
McClintock, C. (1993) “Peru's Fujimori: A Caudillo Derails Democracy.” Current History 92, 572 (March): 112119 Google Scholar
McClintock, C. (1989) “The Prospects for Democratic Consolidation in a ‘Least Likely’ Case: Peru.” Comparative Politics 21, 2 (January): 127148.Google Scholar
Montoya, C. (1992) Author interview with chief operating officer of the Comisión de Promotión de la Inversión Privada (COPRI), Lima (Peru), 25 May.Google Scholar
Naim, M. (1993) “Latin America: Post-Adjustment Blues.” Foreign Policy 92 (Fall): 133150.CrossRefGoogle Scholar
Ortiz de Zevallos, F. (1992a) “Solving the Peruvian Puzzle,” pp. 3757 in Twentieth Century Fund (ed.) The Shadow of the Debt. New York, NY: Twentieth Century Fund Press.Google Scholar
Ortiz de Zevallos, F. (1992b) Author interview with former director of the Corporatión National para el Desarrollo (CONADE), Lima (Peru), 25 May.Google Scholar
Paredes, C. (1991) “Epilogue: In the Aftermath of Hyperinflation,” pp. 299322 in Paredes, C. and Sachs, J. (eds.) Peru's Path to Recovery. Washington, DC: The Brookings Institution.Google Scholar
Paredes, C. and A. Pasco-font (1990) “El comportamiento del sector público en el Perú, 1970-1985: un enfoque macroeconómico,” pp. 191230 in Larraín, F. and Selowsky, M. (eds.) El sector público y la crisis de la América Latina. México, DF: Fondo de Cultura Ecónomica.Google Scholar
Paredes, C. and Sachs, J. (eds.) (1991) Peru's Path to Recovery: A Plan for Economic Stabilization and Growth. Washington, DC: The Brookings Institution.Google Scholar
Pastor, M. (1992) “Democracy, Distribution, and Economic Performance in Peru.” Paper presented at a conference on “Economy, Society and Democracy in Developing Countries,” a Hoover Institution Project supported by the US Agency for International Development, Washington (DC), May 7-9.Google Scholar
Pastor, M. and Wise, C. (1994a) “The Origins and Sustainability of Mexico's Free Trade Policy.” International Organization 3 (forthcoming).Google Scholar
Pastor, M. and Wise, C. (1994b) “After NAFTA: Changing US Foreign Policy Concerns in Latin America” (mimeo). Washington, DC: Carnegie Endowment for International Peace.Google Scholar
Pastor, M. and Wise, C.. (1992) “Peruvian Economic Policy in the 1980's: From Orthodoxy to Heterodoxy and Back.” Latin American Research Review 2: 83117.CrossRefGoogle Scholar
Pennano, G. (1992) Author interview with Minister of Industry during the first 8 months of the Fujimori administration, Lima (Peru), 25 May.Google Scholar
Perê. Casa del Congreso (1988) “Ley de la actividad empresarial del estado (Ley No. 24948).” Lima, Perê: Casa del Congreso.Google Scholar
(El) Peruano (1991) “Promulgan la ley de promoción de la inversión privada en las empresas del estado (Decreto Legislativo No. 674) (27 September): 100325. [Lima, Perê: daily legal newspaper put out by government.]Google Scholar
The Peru Report (1993a) “Trend Report.” (December).Google Scholar
The Peru Report (1993b) “Political Interview.” (November): 4.Google Scholar
The Peru Report (1991) “Trend Report.” (September).Google Scholar
The Peru Report (1990) “Trend Report.” (September): 12.Google Scholar
Peru Económico (1992) “El rol de la CONFIEP: más allá del corto plazo.” (May): 48.Google Scholar
Rothrock, V. (1969) The Autonomous Entities of the Peruvian Government in Perspective. PhD dissertation, University of Indiana.Google Scholar
Sanborn, C. (1991) The Democratic Left and the Persistence of Populism in Peru: 1975-1990. PhD dissertation, Harvard University.Google Scholar
Saulniers, A. (1988) Public Enterprises in Peru: Public Sector Growth and Reform. Boulder, CO: Westview Press.Google Scholar
Sheahan, J. (1992) “Peru's Return to an Open Economy: Macroeconomic Complications and Structural Questions.” Paper presented at the XVII International Congress of the Latin American Studies Association, Los Angeles (CA), 2427 September.Google Scholar
Sheahan, J. (1987) Patterns of Economic Development in Latin America: Poverty, Repression, and Economic Strategy. Princeton, NJ: Princeton University Press.Google Scholar
Sikkink, K. (1991) Ideas and Institutions: Developmentalism in Brazil and Argentina. Ithaca, NY: Cornell University Press.Google Scholar
Starn, O. (1992) “New Literature on Peru's Sendero Luminoso.” Latin American Research Review 2: 212226.Google Scholar
Stokes, S. (1991) “Politics and Latin America's Urban Poor: Reflections from a Lima Shantytown.” Latin American Research Review 2: 75101.CrossRefGoogle Scholar
Thornberry, G. (1992) Author interview with presidential appointee/ advisor to former Finance Minister Carlos Bolona, Lima (Peru), 29 May.Google Scholar
Thorp, R. and G. Bertram (1978) Peru, 1890-1977: Growth and Policy in an Open Economy. New York, NY: Columbia University Press.Google Scholar
Webb, R. (1991) “Prologue,” pp. 112 in Paredes, C. and Sachs, J. (eds.) Peru's Path to Recovery. Washington, DC: The Brookings Institution.Google Scholar
Wise, C. (1993) “In Search of Markets: Latin America's State-led Dilemma” (Paper on Latin America No. 33). New York, NY: Columbia University, Institute for Latin American and Iberian Studies.Google Scholar
Wise, C. (1990) Peru Post-1968: The Political Limits to State-led Economic Development. PhD dissertation, Columbia University.Google Scholar
Wise, C. (1989) “Democratization, Crisis, and the APRA's Modernization Project in Peru,” pp. 163180 in Stallings, B. & Kaufman, R. (eds.) Debt and Democracy in Latin America. Boulder, CO: Westview Press.Google Scholar
Washington Office on Latin America (WOLA) (1992) Peru Under Scrutiny: Human Rights and US Drug Policy. Washington, DC: Washington Office on Latin America.Google Scholar