Flag of Peru which joined Bolivia to form the Peru–Bolivian Confederation. The South was formed first, thus adopting a new flag: a red vertical band on the left, with a golden sun and four small stars above (representing Arequipa, Ayacucho, Cuzco and Puno, the four groups of the republic), and the right side divided into an upper green band and a lower white one. The North kept the currency and all ---- of the dissolved Peru, including its flag. The flag of the Peru-Bolivian Confederation showed the coats of arms of Bolivia, South and North Peru, from left to right and slanted at
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