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
AbbreviationML
Founded2 August 1987
Dissolved6 September 1993
IdeologyClassical liberalism
Political positionCentre-right
National affiliationFREDEMO

Notable members edit

Electoral history edit

Presidential elections edit

Year Candidate Party / Coalition Votes Percentage Outcome
1990 Mario Vargas Llosa   Democratic Front

ML-AP-PPC-SD

1st Round:
2 163 323
1st Round:
32.57
1st Round:
1st
2nd Round:
2 708 291
2nd Round:
37.62
2nd Round:
2nd

Elections to the Congress of the Republic edit

Year Votes % Seats  /  Position
1990 1 492 513

(FREDEMO)

30.1%

(FREDEMO)

62 / 180
(FREDEMO)
  62 Minority

Elections to the Senate edit

Year Votes % Seats  /  Position
1990 1 791 077

(FREDEMO)

32.3%

(FREDEMO)

20 / 62
(FREDEMO)
 19 Minority

See also edit

References edit

  1. ^ 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