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  • WebMemo posted April 5, 2006 by Edwar Escalante, Stephen Johnson Populism Clouds Peru's Presidential Race

    Despite 5 years of peace and prosperity, growing numbers of Peruvians seem anxious to return to the bad old days of populist spendthrift governments, an empty treasury, and hyperinflation. The problem is that strong foreign investment and steady economic growth of more than 5 percent per year haven't been enough to help Peru's poor-who make up half the…

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