Alison Sargent is pleased to welcome Tiziano Breda, Senior Analyst for Latin America and the Caribbean at ACLED. He argues that Peru’s chronic instability is rooted as much in institutional weaknesses as in electoral competition. The reintroduction of a bicameral legislature, he notes, may help curb the cycle in which Congress has repeatedly “deposed presidents and reinstated new ones,” but neither candidate is likely to enjoy the parliamentary support necessary to govern decisively. Peru’s presidential election is unfolding against a backdrop of deep political fragmentation, rising insecurity, and growing public distrust in democratic institutions.