Economy of Peru policies with the so-called ´Fuji Shock´of August 7, 1990. Alberto Fujimori Fujimori ( ; born 28 July 1938) served as President of Peru from 28 July 1990 to 17 November 2000. A controversial figure, Fujimori has been credited with the creation of Fujimorism, defeating the Shining Path insurgency in Peru and restoring its macroeconomic stability. However, he was criticized for his authoritarian way of ruling the country (especially after 1992) and was accused of human rights violations. Even amid his prosecution in 2008 for crimes against humanity relating to his presidency, two-thirds of Peruvians polled voiced approval for his leadership
Alberto Fujimori to 17.7% of the votes in the second round, invalid votes jumped from 8.1% of the total votes cast in the first round to 31.1% of total votes in the second round. The large percentage of invalid votes in this election suggests that many Peruvians took Toledo's advice and spoiled their ballots. Although Fujimori won the runoff with only a bare majority, rumors of irregularities led most of the international community to shun his third swearing-in on 28 July. For the next seven weeks, there were daily demonstrations in front of the presidential palace. As a conciliatory gesture, Fujimori appointed