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"Keiko Fujimori took office on July 28 with something no Peruvian president has enjoyed in a decade: a functioning economy and the benefit of the doubt. Polls have put her approval between 53% and 60%, with disapproval near 30%. After eight presidents in 10 years, Peruvians are prepared to be optimistic on modest evidence. ... Foreign investors have read all of this as policy continuity, and about the macroeconomics they are right. What that view misses is that Peru’s macroeconomic strength has coexisted for decades with a state that cannot pipe drinkable water into a house, police a neighborhood, or finish a subway line. That gap has been eating away at the country’s politics, and closing it is what President Fujimori was elected to do." -- Luis Miguel Castilla for AQ americasquarterly.org/article/fujimoris-fi...