Thirty years on from Peru's return to democracy in 1980, the country's record with democratisation has been chequered. Not only was the process of ‘consolidation’ reversed in the 1990s under the Fujimori government, but the degree to which durable linkages have been established between state and society is very limited. More than in most countries of Latin America, the party system has failed to fulfil the representative role allotted to it in the literature, a role that cannot easily be assumed by other sorts of institution. It is therefore an important case study for those concerned with the more structural obstacles to the development of representative politics. The article seeks to look at some key issues affecting party development: the chimera of consolidation, the persistence of clientelism and patrimonialism, the interaction with social movements and the significance of political culture.