Liberty Movement () 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. Instead it advocated a free market approach to solving Peru's hyperinflation, which peaked at over 7000%.

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

{| class="wikitable" style="text-align:center"

!Year

! colspan="2" |Candidate

!Party / Coalition

!Votes

!Percentage

!Outcome

|-

! rowspan="2" |1990

| rowspan="2" |Mario Vargas Llosa

| rowspan="2" |145x145px

| rowspan="2" |Democratic Front

<small>ML-AP-PPC-SD</small>

|<br/>2 163 323

|

| <br/>1st

|-

|<br/>2 708 291

|

|<br/>2nd

|}

Elections to the Congress of the Republic

{| class="wikitable"

!Year

!Votes

!%

!Seats

!/

!Position

|-

!1990

|1 492 513

(FREDEMO)

|30.1%

(FREDEMO)

|(FREDEMO)

| 62

|Minority

|}

Elections to the Senate

{| class="wikitable"

!Year

!Votes

!%

!Seats

!/

!Position

|-

!1990

|1 791 077

(FREDEMO)

|32.3%

(FREDEMO)

|(FREDEMO)

|19

|Minority

|}

See also

  • Hernando de Soto
  • Lost Decade (Peru)
  • Mario Vargas Llosa
  • People's Liberty

References

Bibliography

  • Tauro del Pino, Alberto: Enciclopedia Ilustrada del Perú. Tercera Edición. Tomo 11. MEN/OJE. Lima, PEISA, 2001.
  • Vargas Llosa, Mario: El pez en el agua. Memorias. Editorial Seix Barral, S. A., 1993.