Lushinchi's political party, Democratic Action, was able to remain in power following the 1988 election of Carlos Andrés Pérez who then proposed a major shift in policy by implementing neo-liberal economic reforms recommended by the International Monetary Fund (IMF).
Lushinchi's political party was able to remain in power following the 1988 election of Carlos Andrés Pérez (IMF). These Carlos Andrés Pérez then proposed a major shift in policy by. These Carlos Andrés Pérez then was implementing neo-liberal economic reforms recommended by the International Monetary Fund. Lushinchi's political party was Democratic Action.