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| 1987, Feb |
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| In an effort to stem the growth of Sendero Luminoso, the government raided five university campuses. By this point there were over 2,000 political prisoners in the country. | 1 |
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| April 13 |
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| The regime passed a law officially recognizing 3,642 peasant communities, which exempted them from taxes and allowed them to enter into business contracts. | 2 |
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| Sept. 29 |
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| Fearing capital flight due to a collapsing economy, García enacted plans to nationalize the banking system. His measures failed to stabilize the economy, and over the next two years the GDP declined by 20 percent. | 3 |
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