Background:
Ancient Peru was the seat of several prominent Andean
civilizations, most notably that of the Incas whose empire was
captured by the Spanish conquistadores in 1533. Peruvian
independence was declared in 1821, and remaining Spanish forces
defeated in 1824. After a dozen years of military rule, Peru
returned to democratic leadership in 1980, but experienced economic
problems and the growth of a violent insurgency. President Alberto
FUJIMORI's election in 1990 ushered in a decade that saw a dramatic
turnaround in the economy and significant progress in curtailing
guerrilla activity. Nevertheless, the president's increasing
reliance on authoritarian measures and an economic slump in the late
1990s generated mounting dissatisfaction with his regime. FUJIMORI
won reelection to a third term in the spring of 2000, but
international pressure and corruption scandals led to his ouster by
Congress in November of that year. A caretaker government oversaw
new elections in the spring of 2001, which ushered in Alejandro
TOLEDO as the new head of government.