Alberto Fujimori is a situation, as he takes office in 1990. Special attention is paid to the long history of Peru, international borrowing, by default, and revision. This story shows that the costs associated with foreigners in Peru, where it has failed to fulfill its contracts with foreign creditors have been relatively mild. Discussion of Alan Garcia administration, which is limited to payments on foreign debt of Peru, as well as leading his country into an inflationary spiral. Also discusses some of the problems associated with the bloody rebel group named Bright. "Hide
by Julio J. Rotemberg, Lisa H. Lewis Source: Harvard Business School 26 pages. Publication Date: July 15, 2002. Prod. #: 703001-PDF-ENG