08 June 2010

PERU: Garcia's Popularity Sinks Even As Economy Soars.

BUSINESSWEEK/     Peru's economic success hasn’t lifted President Alan Garcia’s approval rating now at only 26%. There is a “sizable danger” that the 2011 vote will produce a populist winner, said author John Crabtree. “More people are disenchanted by the way in which democracy works in Peru than in any other country in Latin America.” Garcia “focused on maintaining macroeconomic stability and proving that he was a responsible administrator, with the hope that growth would trickle down,” said analyst Daniel Kerner. “He never did much to alleviate poverty, other than try to guarantee that Peru remained a good destination for investment.”