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 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