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
Peru the ensuing years, the country enjoyed relative economic and political stability, which ended shortly before the War of the Pacific with Chile. Throughout the 20th century, Peru endured armed territorial disputes, coups, social unrest, and internal conflicts, as well as periods of stability and economic upswing. Alberto Fujimori was elected to the presidency in 1990; his government was credited with economically stabilizing Peru and successfully ending the Shining Path insurgency, though he was widely accused of human rights violations and suppression of political dissent. Fujimori left the presidency in 2000 and was charged with human rights violations and imprisoned until