Since Chávez's election to the Presidency in 1998, the country has been known as the "Bolivarian Republic of Venezuela", signaling Chávez' desires to usher in a new era of politics and government. This unique "Bolivarian" government is the "Fifth Republic" referred to in the party's title. The use of the phrase also echoes the French Fifth Republic, which was another sweeping political change to deal with political instability during decolonisation.
