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Significance
Kuczynski finally resigned rather than face impeachment at the hands of Congress. His fate was sealed by videos showing allies and officials offering congressmen public works contracts for their regions in return for support. Kuczynski sees himself as the victim of the unprincipled parliamentary machinations of opposition parties.
Impacts
Business groups will applaud the change of government, particularly if it establishes greater political stability.
Vizcarra will face an early test of his abilities in hosting next month’s hemispheric summit.
Dealing with the legacy of corruption scandals will require determination and a deft hand.
Popular anger may see calls for early elections mount.
Keywords:
Peru,
LA/C,
economy,
international relations,
politics,
corruption,
government,
legislation,
opposition,
policy,
summit
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2018
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