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Peru’s failed search for political stability (1968-2000)

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This paper aims at understanding Peru's recent political trajectory, and more specifically its failure at democratic consolidation. How can it be that a country that twenty years ago had probably better chances than most of the Southern Cone Latin American countries to embark on a successful democratic transition, underwent from 1992 onwards an involution that culminated by the year 2000 in a political debacle? How did the Peruvian democratic regime, born of a relatively inclusive constitutional pact, turn twelve years later into an authoritarian one-man show?

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