Alberto Fujimori impeachment proceedings. On 3 October 2018, the Peruvian Supreme Court reversed Fujimori's pardon and ordered his return to prison. Fujimori is credited by many Peruvians for bringing stability to the country after the violence and hyperinflation of the García years. While it is generally agreed that the "Fujishock" brought short/middle-term macroeconomic stability, the long-term social impact of Fujimori's free market economic policies is still hotly debated. Neoliberal reforms under Fujimori took place in three distinct phases: an initial "orthodox" phase (1990–92) in which technocrats dominated the reform agenda; a "pragmatic" phase (1993–98) that saw the growing influence of business elites
Alberto Fujimori 72 of their hostages. The government rejected the militants' demand to release imprisoned MRTA members and secretly prepared an elaborate plan to storm the residence, while stalling by negotiating with the hostage-takers. On 22 April 1997, a team of military commandos, codenamed "Chavín de Huantar", raided the building. One hostage, two military commandos, and all 14 MRTA insurgents were killed in the operation. Images of President Fujimori at the ambassador's residence during and after the military operation, surrounded by soldiers and liberated dignitaries, and walking among the corpses of the insurgents, were widely televised. The conclusion of the four-month-long standoff