Tax plans controversy threatens Rafael Correa's bid for fourth term in Ecuador

Ecuador's President Rafael Correa addresses supporters in Quito, on June 15, 2015 (photo: dpa)
Ecuador's President Rafael Correa addresses supporters in Quito, on June 15, 2015 (photo: dpa)

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 street protests around the country. This does not bode well for democracy or the investment climate.

Tax plans controversy threatens Rafael Correa's bid for fourth term in Ecuador

PRESIDENT Rafael Correa declared victory on the economic front in a recent address to Ecuador’s national assembly. As the price for the...

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