Fifth Republic Movement

Fifth Republic Movement
Movimiento Quinta República
LeaderHugo Chávez
Founded21 October 1997
Dissolved20 October 2007
Merged intoPSUV
HeadquartersPlaza Venezuela, Caracas
IdeologySocialism of the 21st century
Bolivarianism
Chavismo
Nationalism
Populism
Left-wing populism
Third Way
Political positionFar-left
International affiliationSão Paulo Forum
Website
Official site

The Fifth Republic Movement (Spanish: Movimiento V [Quinta] República, MVR) was a socialist political party in Venezuela. It was founded in July 1997, following a national congress of the Revolutionary Bolivarian Movement-200, to support the candidacy of Hugo Chávez in the 1998 Venezuelan presidential election. The "Fifth Republic" refers to the fact that in 1997 the Republic of Venezuela was the fourth in Venezuelan history, and the Movement aimed to re-found the Republic through a constituent assembly. Following Chávez' 1998 election victory, this took place in 1999, leading to the 1999 Constitution of Venezuela.

At the 2000 Venezuelan parliamentary election, the party won 91 out of 165 seats in the National Assembly. On the same day, Chávez won the 2000 Venezuelan presidential election with 59.5% of the votes. In the 2005 Venezuelan parliamentary election, the party won 114 out of 167 seats, with allied parties winning the remaining seats. In December 2006 and January 2007, the party started its dissolution, to form the proposed United Socialist Party of Venezuela (PSUV). It merged into the PSUV on 20 October 2007.