Liberty Movement

Liberty Movement
Movimiento de la Libertad
AbbreviationML
Founded2 August 1987
Dissolved6 September 1993
IdeologyClassical liberalism
Political positionCentre-right
National affiliationFREDEMO

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%.

  1. ^ Mainwaring, Scott (2006). The Crisis of Democratic Representation in the Andes. Stanford University Press. pp. 53–54. ISBN 978-0-8047-6791-0.