Liberty Movement
Political party in Peru
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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.[3] Instead it advocated a free market approach to solving Peru's hyperinflation, which peaked at over 7000%.
AbbreviationML
Founded2 August 1987
Dissolved6 September 1993
Liberty Movement Movimiento de la Libertad | |
|---|---|
| |
| Abbreviation | ML |
| Founded | 2 August 1987 |
| Dissolved | 6 September 1993 |
| Ideology | Classical liberalism Neoliberalism[1][2] |
| Political position | Centre-right |
| National affiliation | FREDEMO |
Notable members
- Pedro Cateriano
- Enrique Chirinos Soto
- Enrique Ghersi
- Beatriz Merino
- Luis Miró Quesada Garland
- Rafael Rey
- Mario Vargas Llosa
- Miguel Vega Alvear
- Ricardo Vega Llona
Electoral history
Presidential elections
| Year | Candidate | Party / Coalition | Votes | Percentage | Outcome | |
|---|---|---|---|---|---|---|
| 1990 | Mario Vargas Llosa | .jpg) |
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
| Year | Votes | % | Seats |  / |
Position |
|---|---|---|---|---|---|
| 1990 | 1 492 513
(FREDEMO) |
30.1%
(FREDEMO) |
62 / 180 (FREDEMO) |
62 |
Minority |
Elections to the Senate
| Year | Votes | % | Seats | / |
Position |
|---|---|---|---|---|---|
| 1990 | 1 791 077
(FREDEMO) |
32.3%
(FREDEMO) |
20 / 62 (FREDEMO) |
19 |
Minority |