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No, Ecuador Is Not Heading into Its Second Year of Recession

No, Ecuador Is Not Heading into Its Second Year of Recession

In an article about Ecuador’s presidential transition that appeared in Bloomberg View, Mac Margolis claims that “Moreno takes over as Ecuador heads into its second year of recession.” However, this is not true.Looking at quarterly GDP data for Ecuador, we

By Lara Merling

Holding Companies Linked to Ecuadorian Presidential Candidate Own 144 Florida Properties Valued at More Than $30 Million

Holding Companies Linked to Ecuadorian Presidential Candidate Own 144 Florida Properties Valued at More Than $30 Million

Last week, I went through public documentation that indicates Ecuadorian presidential candidate Guillermo Lasso, despite “retiring” from banking in 2012, continues to be the largest shareholder in Banco Guayaquil. There is also public documentation — not

By Jake Johnston

Guillermo Lasso campaign rally in 2017
(The Hill) Ecuadorian Opposition Tries to Play “Corruption” Card to Swing Election

(The Hill) Ecuadorian Opposition Tries to Play “Corruption” Card to Swing Election

The Hill: Right-wing opponents in Ecuador are using corruption allegations against Lenin Moreno’s running mate to sway voters, but the Correa government’s record on reducing poverty, inequality, and promoting anti-corruption measures suggests they remain the stronger choice for those seeking real reform.

By Mark Weisbrot

(The Nation) Ecuador’s Decade of Reform

(The Nation) Ecuador’s Decade of Reform

The Nation: Ecuador’s election will determine whether the country continues Rafael Correa’s leftist reforms or shifts toward a pro-market, right-wing agenda.

By Mark Weisbrot