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Mark Falcoff, "Troubles at Midpassage for Peru's Toledo," Latin American Outlook, July 2003 (aei.org)
When President Alejandro Toledo took office in Peru two years ago, many had high hopes for the Stanford-trained economist who became the country's first chief executive of Peruvian-Indian ancestry. AEI scholar Mark Falcoff, however believes these hopes have not been fulfilled: Although Peru has posted a good economic performance under his leadership, the president's approval rating has fallen to a dismal 14 percent. Although Toledo has made oily modest market oriented reforms, opponents accuse him of following a strictly "neoliberal" (free market) course in trying to remake the country.
Independent of any political party, Toledo has been forced to come to grips with the mountainous nation's ...