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 where he submitted his presidential resignation via fax. Congress refused to accept his resignation, instead voting 62–9 to remove Fujimori from office on the grounds that he was "permanently morally disabled." On 19 November, government ministers presented their resignations en bloc. Because Fujimori's first vice president, Francisco Tudela, had broken with Fujimori and resigned a few days earlier, his successor Ricardo Márquez came to claim the presidency. Congress, however, refused to recognize him, as he was an ardent Fujimori loyalist; Márquez resigned two days later. Paniagua was next in line, and became interim president to oversee the April elections. When