Liberty Movement
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. 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 |
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