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Ecuador’s President Rafael Correa is contemplating running for an unprecedented fourth term in 2017, writes GIS guest expert and Andes specialist, Dr Catherine Conaghan of Queen's University in Kingston, Ontario, Canada. Discontent is evident in the middle class and business community, exacerbated by Mr Correa’s new property and inheritance tax plans, which sparked...
Dr. Catherine Conaghan
Rafael Correa’s sweeping election victory signals an expansion of state-centric capitalism for Ecuador. It also brings a risk that he will clamp down further on the media, bankers and the courts. But to sustain his power, he needs to attract foreign investors, explains GIS guest author and Andes specialist, Dr Catherine Conaghan.
Rafael Correa looks set to remain President of Ecuador for another five years barring any major upset in the run-up to the February 2013 elections. His political opponents are divided and will almost certainly split the vote of those voting against him. But there are fears among some observers that his next term will give him the chance to enhance his own executiv...