Liberal Party
Quick Summary
The Liberal Party in Paraguay was founded in 1887 and, along with the National Republican Association (Colorado Party), emerged as one of the country's two major political parties. The Liberal Party held power from 1904 to 1934, dominating the presidency for three decades. Paraguay's recent history has been marked by authoritarian rule and political turbulence, including a civil war in 1947 and the long dictatorship of Alfredo Stroessner (1954–1989). Since 1989, the country has experienced a rocky democratization process, with instability, corruption charges against former presidents, and the assassination of a vice president in 1999. In 2008, the Colorado Party lost power for the first time since 1947, though it returned in 2013.12
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