First Presidency Of Alan García
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First Presidency Of Alan García
The first presidency of Alan García governing Peru was from 1985 to 1990. He regained the presidency in 2006 . Election On 14 April 1985, Alan García was elected President of Peru after winning the 1985 Peruvian general election securing 53.1% of the popular vote. In addition, his party, the American Popular Revolutionary Alliance, emerged as the largest faction in both houses of Congress. At the time of his election, García enjoyed high popularity attributed to his youth, oratory skills and charisma. The change of command ceremony was attended by the presidents Raul Alfonsin of Argentina, Julio Maria Sanguinetti of Uruguay, Belisario Betancourt of Colombia, Hernan Siles of Bolivia, Nicolás Ardito Barletta of Panama, and Salvador Jorge Blanco of Dominican Republic. Also was present James Baker, United States Secretary of Treasury. In October 1985, Newsweek called him'' the most important political star to emerge in Latin America since Juan Domingo Perón''. In December, ...
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Ministers
Minister may refer to: * Minister (Christianity), a Christian cleric ** Minister (Catholic Church) * Minister (government), a member of government who heads a ministry (government department) ** Minister without portfolio, a member of government with the rank of a normal minister but who doesn't head a ministry ** Shadow minister, a member of a Shadow Cabinet of the opposition ** Minister (Austria) * Minister (diplomacy), the rank of diplomat directly below ambassador * Ministerialis, a member of a noble class in the Holy Roman Empire * ''The Minister'', a 2011 French-Belgian film directed by Pierre Schöller See also *Ministry (other) *Minster (other) Minster may refer to: * Minster (church), an honorific title given to particular churches in England Places England *Minster, Swale (or Minster-in-Sheppey), a town in Swale, Kent **Minster-on-Sea, the civil parish *Minster-in-Thanet, a village ... *'' Yes Minister'' {{disambiguation ...
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Salvador Jorge Blanco
José Salvador Omar Jorge Blanco (July 5, 1926 – December 26, 2010) was a politician, lawyer and a writer. He was President of the Dominican Republic, from 1982 to 1986. He was a Senator running for the PRD party. He started his political career as a Committee Secretary for the ''Unión Cívica de Santiago'' in 1963 and joined the PRD in 1964. Early years and education Jorge Blanco was born in Santiago on July 5, 1926, son of Dilia Limbert Blanco Polanco ( Tamboril, 1900-Santiago, 1988) and Pedro María Jorge Arias ( Licey, 1898-Santiago, 1982). He studied at primary school Ercilia Pepin, and superiors at the Ulises Francisco Espaillat high school. He graduated in Law from the Autonomous University of Santo Domingo. In 1951, he obtained a doctorate from the Complutense University of Madrid, with a postgraduate degree in the specialty of International Law. Jorge Blanco was a musician, standing out on instruments such as piano and cello. Jorge married Asela Mera de Jorge on D ...
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Abel Salinas
Abel Salinas Izaguirre (May 12, 1930 – August 1, 2012) was a Peruvian politician. In 1985 under Alan García's government he served as Interior Minister, and in 1987 as Energy Minister and in 1988 Minister of Economy and Finance. In 1990, he was elected Senator of the Republic, by the APRA Party ticket, and unsuccessfully ran for the Presidency of Peru in the 2000 elections, winning about 1.3% of the vote. He died on August 1, 2012. Biography He was born in Supe Puerto on May 12, 1930. He completed his school studies at the Colegio Nuestra Señora de Guadalupe in Lima. Abel Salinas studied Mechanical and Electrical Engineering at the National Engineering University. He also studied Economics at the Pontificia Universidad Católica de Chile. He was director of the National Housing Corporation. Political career He was a member of the Peruvian Aprista Party from a young age in 1943. In the party, he was Secretary of the Organization of the Aprista Guadalupana Youth (1947) as ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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Central Reserve Bank Of Peru
The Central Reserve Bank of Peru ( es, Banco Central de Reserva del Perú; BCRP) is the Peruvian central bank. It mints and issues metal and paper money, the sol. Its branch in Arequipa was established in 1871, and it served the city by issuing money as well as maintaining a good reputation for savings accounts in Southern Peru. It is the equivalent of the Federal Reserve of the United States or the European Central Bank in Europe. The Constitution states that the purpose of the Central Reserve Bank is to preserve monetary stability. The Central Reserve Bank's target annual inflation is 2.0 percent, with a tolerance of one percentage point upward and downward; its policies are aimed at achieving that goal. The Constitution also assigns the following functions to the Central Reserve Bank: regulating currency and credit of the financial system, administering the international reserves in its care, issuing banknotes and coins, reporting regularly to the country on national finances ...
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Congress Of The Republic Of Peru
The Congress of the Republic of Peru ( es, Congreso de la República) is the unicameral body that assumes legislative power in Peru. Congress' composition is established by Chapter I of Title IV of the Constitution of Peru. Congress is composed of representatives who sit in congressional districts allocated to each region, as well as two special districts, Lima Province and Peruvian citizens living abroad, on a basis of population as measured by the Peruvian Census in multi-member districts. The number of voting representatives is fixed by the Constitution at 130. Pursuant to the 2017 Census, the largest delegation is that of Lima Province, with 36 representatives. Due to broadly interpreted impeachment wording in the 1993 Constitution of Peru, the Congress can impeach the President of Peru without cause, effectively making the legislature more powerful than the executive branch. Corruption is widespread throughout Congress as legislators use their office for parliamentary ...
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Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Unlike low inflation, where the process of rising prices is protracted and not generally noticeable except by studying past market prices, hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. Typically, however, the general price level rises even more rapidly than the money supply as people try ridding themselves of the devaluing currency as quickly as possible. As this happens, the real stock of money (i.e., the amount of circulating money divided by the price level) decreases considerably.Bernholz, Peter 2003, chapter 5.3 Almost all ...
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Luis Alva Castro
Luis Juan Alva Castro (born 17 February 1942) is a Peruvian economist and politician. In his political career, he achieved the government positions of Second Vice President of Peru, Prime Minister of Peru, President of the Congress and among other portfolios during both administrations of President Alan García. A prominent member of the Peruvian Aprista Party, he was the party's presidential nominee in 1990, getting 22.5% of the vote and placing third overall and failed to qualify for the runoff that was eventually won by Alberto Fujimori. He has authored numerous works about Víctor Raúl Haya de la Torre's lifetime, being considered one of the few historians of "Aprismo" in Peru. He currently presides the editorial "Instituto Víctor Raúl Haya de la Torre", which publishes his works. Biography Luis Alva Castro was born in the city of Trujillo, in a family with a long Aprista tradition. His parents were Luis Alva and Rosalía Castro. Transferred to Lima, he completed h ...
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Latin America
Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived from Latin — are predominantly spoken. The term was coined in the nineteenth century, to refer to regions in the Americas that were ruled by the Spanish, Portuguese and French empires. The term does not have a precise definition, but it is "commonly used to describe South America, Central America, Mexico, and the islands of the Caribbean." In a narrow sense, it refers to Spanish America plus Brazil (Portuguese America). The term "Latin America" is broader than categories such as ''Hispanic America'', which specifically refers to Spanish-speaking countries; and ''Ibero-America'', which specifically refers to both Spanish and Portuguese-speaking countries while leaving French and British excolonies aside. The term ''Latin America'' was f ...
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Juan Domingo Perón
''Juan'' is a given name, the Spanish and Manx versions of ''John''. It is very common in Spain and in other Spanish-speaking communities around the world and in the Philippines, and also (pronounced differently) in the Isle of Man. In Spanish, the diminutive form (equivalent to ''Johnny'') is , with feminine form (comparable to ''Jane'', ''Joan'', or ''Joanna'') , and feminine diminutive (equivalent to ''Janet'', ''Janey'', ''Joanie'', etc.). Chinese terms * ( or 娟, 隽) 'beautiful, graceful' is a common given name for Chinese women. * () The Chinese character 卷, which in Mandarin is almost homophonic with the characters for the female name, is a division of a traditional Chinese manuscript or book and can be translated as 'fascicle', 'scroll', 'chapter', or 'volume'. Notable people * Juan (footballer, born 1979), Brazilian footballer * Juan (footballer, born 1982), Brazilian footballer * Juan (footballer, born March 2002), Brazilian footballer * Juan (footballer ...
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Newsweek
''Newsweek'' is an American weekly online news magazine co-owned 50 percent each by Dev Pragad, its president and CEO, and Johnathan Davis (businessman), Johnathan Davis, who has no operational role at ''Newsweek''. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century, and had many notable editors-in-chief. The magazine was acquired by The Washington Post Company in 1961, and remained under its ownership until 2010. Revenue declines prompted The Washington Post Company to sell it, in August 2010, to the audio pioneer Sidney Harman for a purchase price of one dollar and an assumption of the magazine's liabilities. Later that year, ''Newsweek'' merged with the news and opinion website ''The Daily Beast'', forming The Newsweek Daily Beast Company. ''Newsweek'' was jointly owned by the estate of Harman and the diversified American media and Internet company IAC (company), IAC. ''Newsweek'' continued to experience financial difficulties, whic ...
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