Toledo Perú Posible — democratic restoration, US FTA, mining-boom orthodoxy

Doctrine — stated goals and content

Post-Fujimori democratic-restoration government combining orthodox macro continuation with rule-of-law reconstruction. Five doctrinal pillars: (a) Democratic restoration — followed Paniagua transitional government (22 Nov 2000 - 28 July 2001); Truth and Reconciliation Commission (Comisión de la Verdad y Reconciliación, 4 June 2001 - 28 Aug 2003) documented internal conflict 1980-2000 with ~69,000 deaths; institutional-accountability watershed. (b) Chile-style fiscal orthodoxy — Law of Fiscal Prudence and Transparency (Ley 27.245, modified 2003); inflation targeting 2.5% +/-1% adopted Jan 2002; BCRP operational autonomy maintained; debt/GDP fell 46% (2001) → 33% (2006). (c) US-Peru FTA negotiated — signed 12 April 2006 (Bush-Toledo final days); Congress approved June 2006; US ratified December 2007; entered into force 1 February 2009 (Bush-García transition). (d) Mining-boom growth — copper, gold, zinc prices rose; GDP growth 0.2% (2001), 5.0% (2002), 4.0% (2003), 5.0% (2004), 6.8% (2005), 7.7% (2006); Antamina, Yanacocha expansions. (e) Camisea gas 2004 — 9 Aug 2004 Camisea fields inauguration; Pluspetrol-led consortium; reduced LNG import dependency. Stated school: liberal-democratic + Washington-Consensus continuity + indigenous-identity politics. Left-right: centre; economic orthodoxy with rule-of-law reconstruction. Popularity: 3 June 2001 runoff Toledo 53.1% vs Alan García (APRA) 46.9%; approval fell rapidly to ~10-15% 2003-2005 amid nepotism allegations, Eliane Karp controversies, strikes; 4 June 2006 runoff Alan García 52.6% vs Ollanta Humala 47.4%. Coherence: trade Fujimori-era autogolpe institutional debris for accountability commission, macro-orthodoxy continuation, trade-treaty pre-commitment, and mining-boom fiscal windfall — at cost of personal-popularity collapse from scandals.