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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.
Dr. Catherine Conaghan
The public diplomatic spat between Ecuador and the British government over the granting of asylum to Wikileaks’ founder Julian Assange is more about President Rafael Correa exerting power at an opportune time than human rights. Ecuador is looking to raise its influence in Latin America and the president has his eye on re-election in 2013 as the arguments continue o...
Dr. Joseph S. Tulchin