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Ecuador election: Analysts debate why neoliberal banker won
By Michael Otto posted on May 4, 2021
Ibarra, Ecuador
April 30 In the wake of the April 11 second round of the presidential election won by right-wing banker Guillermo Lasso, Ecuador has been torn by cleavages and violence from organized crime, whose roots are in the extreme poverty, rampant inequalities and elimination of the social welfare programs introduced by the 2007-17 government of Rafael Correa.
Workers, Indigenous people led a general strike in Ecuador in October 2019 against austerity measures.
The COVID-19 pandemic is a continuing nightmare, with hundreds of people on wait lists for a hospital bed. Here in the northern Andean city of Ibarra, more and more people are begging in the streets.
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