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Ecuador picks up the pieces
Ecuador is a small country that embodies many of Latin America’s problems in miniature. Overdependence on commodity exports and Chinese loans, unsustainable public finances, poverty, corruption, crime, refugees and tensions with the U.S. are just a few items on the list. Most of all, its minority government must clean up after former President Rafael Correa’s failed “Citizens’ Revolution,” trying to build sound institutions on a legacy of personalistic governance.