ically important areas were
won from Bolivia. The 35-year military dictatorship of Alfredo
STROESSNER was overthrown in 1989, and, despite a marked increase in
political infighting in recent years, relatively free and regular
presidential elections have been held since then.

Peru
Ancient Peru was the seat of several prominent Andean
civilizations, most notably that of the Incas whose empire was
captured by the Spanish conquistadors in 1533. Peruvian independence
was declared in 1821, and remaining Spanish forces defeated in 1824.
After a dozen years of military rule, Peru returned to democratic
leadership in 1980, but experienced economic problems and the growth
of a violent insurgency. President Alberto FUJIMORI's election in
1990 ushered in a decade that saw a dramatic turnaround in the
economy and significant progress in curtailing guerrilla activity.
Nevertheless, the president's increasing reliance on authoritarian
measures and an economic slump in the late 1990s generated mounting
dissatisfaction with his regime. FUJIMORI won reelection to a third
term in the spring of 2000, but international pressure and
corruption scandals led to his ouster by Congress in November of
that year. A caretaker government oversaw new elections in the
spring of 2001, which ushered in Alejandro TOLEDO as the new head of
government; his presidency has been hampered by allegations of
corruption.

Philippines
The Philippine Islands became a Spanish colony during
the 16th century; they were ceded to the US in 1898 following the
Spanish-American War. In 1935 the Philippines became a
self-governing commonwealth. Manuel QUEZON was elected President and
was tasked with preparing the country for independence after a
10-year transition. In 1942 the islands fell under Japanese
occupation during WWII, and US forces and Filipinos fought together
during 1944-45 to regain control. On 4 July 1946 the Philippines
attained their independence. The 21-year rule of Ferdinand MARCOS
ended in 1986, when a widespread popular rebellion forced him into
exile and installed Corazon AQUINO as president. Her presidency was
hampered by several coup attempts, which prevented a return to full
political stability and economic development. Fidel RAMOS was
elected president in 1992 and his administration was marked by
greater stability and progress on economic reforms. In 1992, the US
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