This Time Around, Toledo Loves The Free Market

Can the onetime radical grab the presidency in April?

A year ago, Alejandro Toledo was the choice of the Peruvian masses in a barnstorming campaign to vote President Alberto K. Fujimori out of office. But last week a different Toledo was on parade--and not in some tiny plaza in the Andean highlands, but in Davos, Switzerland, which each year plays host to the global powerfest that is the World Economic Forum. There, the sober-suited, necktied reformer preached free-market gospel: "I believe the role of the government is to create conditions for the private sector to flourish," he told BusinessWeek.

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