ABSTRACT
The revolutionary government of the Armed Forces attempted to be, and to provide, many things for the citizenry of Peru. This chapter traces the major policies of the revolution as its leaders first attempted to direct events and then, with increasing desperation, tried to cope and finally to survive. ONDEPJOV gave new, focused attention to squatters throughout Peru’s urban areas, but inevitably spent much of its time and resources on Lima. ONDEPJOV and then SINAMOS were probably the two governmental institutions most closely associated with Lima’s poor, especially with the city’s squatters. The International Monetary Fund (IMF) agreement and its austerity measures served to indicate that Peru would once more be allowed to borrow on foreign capital markets since its government would honor its loans and payment commitments. The IMF itself acknowledged that its policies concentrated upon two macro-level economic disequilibria, one external and one internal.
