What Will Keiko Fujimori Face as President of Peru?

On her fourth attempt, Keiko Fujimori is set to finally become Peru’s president. The right-wing former congresswoman will enter the presidential palace having bested her opponent, leftist lawmaker Roberto Sánchez, with just 50.1 percent of valid votes in the June 7 second round.

“Our country is very divided,” says guest Alfredo Thorne, a former Peruvian finance minister, of the country’s third consecutive razor-thin runoff. But he also has optimism for the future his country’s liberal democracy after a decade of high presidential turnover. As Thorne tells AS/COA’s Carin Zissis in this episode of Latin America in Focus, Peru’s Congress will have a Senate for the first time in 30 years and the fact that Fujimori will need to reach across the aisle “means that the true embryo of democracy is in that Congress.”

On the trade front, the former World Bank senior economist predicts that Fujimori’s administration is unlikely to break from Beijing even as it seeks to “keep fluid relations with Washington.” As for the crucially steadying role of Peru’s Central Bank, Thorne remains confident in its institutional strength, even with the potential departure of its revered chief, Julio Velarde.