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Liberty Movement (Spanish: Movimiento Libertad) was a classical liberal political party in Peru. It was founded in 1987 by people who opposed decrees such as the nationalization of the banking sector in 1986 under the first presidency of Alan García, including Mario Vargas Llosa.[1] Instead it advocated a free market approach to solving Peru's hyperinflation, which peaked at over 7000%.
Liberty Movement Movimiento de la Libertad | |
---|---|
Abbreviation | ML |
Founded | 2 August 1987 |
Dissolved | 6 September 1993 |
Ideology | Classical liberalism |
Political position | Centre-right |
National affiliation | FREDEMO |
Notable members
editElectoral history
editPresidential elections
editYear | Candidate | Party / Coalition | Votes | Percentage | Outcome | |
---|---|---|---|---|---|---|
1990 | Mario Vargas Llosa | Democratic Front | 1st Round: 2 163 323 |
1st Round: | 1st Round: 1st | |
2nd Round: 2 708 291 |
2nd Round: | 2nd Round: 2nd |
Elections to the Congress of the Republic
editYear | Votes | % | Seats | / | Position |
---|---|---|---|---|---|
1990 | 1 492 513
(FREDEMO) |
30.1%
(FREDEMO) |
62 / 180 (FREDEMO)
|
62 | Minority |
Elections to the Senate
editYear | Votes | % | Seats | / | Position |
---|---|---|---|---|---|
1990 | 1 791 077
(FREDEMO) |
32.3%
(FREDEMO) |
20 / 62 (FREDEMO)
|
19 | Minority |
See also
editReferences
edit- ^ Mainwaring, Scott (2006). The Crisis of Democratic Representation in the Andes. Stanford University Press. pp. 53–54. ISBN 978-0-8047-6791-0.
Bibliography
edit- Tauro del Pino, Alberto: Enciclopedia Ilustrada del Perú. Tercera Edición. Tomo 11. MEN/OJE. Lima, PEISA, 2001. ISBN 978-9972-40-150-3
- Vargas Llosa, Mario: El pez en el agua. Memorias. Editorial Seix Barral, S. A., 1993. ISBN 978-84-322-0679-5