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 first term in office, APRA and Vargas Llosa's party, the FREDEMO, remained in control of both chambers of Congress, the Chamber of Deputies and the Senate, hampering the enactment of economic reform. Fujimori also had difficulty combatting the Maoist Shining Path () guerrilla organization due largely to what he perceived as intransigence and obstructionism in Congress. By March 1992, Congress met with the approval of only 17% of the electorate, according to one poll; the president's approval rate stood at 42%, in the same poll. In response to the political deadlock, Fujimori, with the support of the military, on 5