Presidential victory Government Armed Forces The 1992 Peruvian self-coup, sometimes known as the Fujimorazo,[1][2] was performed in Peru in 1992 after President Alberto Fujimori dissolved the Congress as well as the judiciary and assumed full legislative and judicial powers.

[3] The economic policy of President Alan García distanced Peru from international markets further, resulting in lower foreign investment in the country.

[4] Under García, Peru experienced hyperinflation and increased confrontations with the guerrilla group Shining Path, leading the country towards high levels of instability.

[8] After taking office, Fujimori abandoned the economic platform he promoted during his electoral campaign, adopting more aggressive neoliberal policies than those espoused by his competitor in the election.

[9][12][7] Hernando de Soto – who with the assistance and funding of the Atlas Network created the Institute for Liberty and Democracy (ILD), one of the first neoliberal organizations in Latin America[13] – served informally as Fujimori's "personal representative" for the first three years of his government and recommended a "shock" to Peru's economy, stating "This society is collapsing, without a doubt, ...

[14][15] De Soto convinced Fujimori to travel to New York City in a meeting organized by the Peruvian Javier Pérez de Cuéllar, secretary general of the United Nations, where they met with the heads of the International Monetary Fund, the World Bank, and the Inter-American Development Bank, who convinced Fujimori to follow the guidelines for economic policy set by the international financial institutions.

[17] However, congress resisted Fujimori's efforts to adopt policies advocated by the International Monetary Fund and World Bank, especially austerity measures.

On the night of Sunday April, 5, 1992, Fujimori appeared on television and announced that he was "temporarily dissolving" the Congress of the Republic and "reorganizing" the Judicial Branch of the government.

Also contributing to the coup was Fujimori's desire to remove García, who was serving as a Senator, as a political rival and potential future presidential candidate.

[19][10] David Wood of the University of Sheffield described the poll as an example of "semantic shepherding"[19] while Rendón wrote that "APOYO was dedicated to doing the surveys that the regime would use in its favor, to legitimize itself politically".

[10] In the years after releasing the poll, director of APOYO Felipe Ortiz de Zevallos would continue to defend Fujimori and would be involved with his government's programs.

The coup appeared to threaten the economic recovery strategy of reinsertion, and complicated the process of clearing arrears with the International Monetary Fund.

Even before the coup, relations with the United States had been strained because of Fujimori's reluctance to sign an accord that would increase U.S. and Peruvian military efforts in eradicating coca fields.