Corruption and Political Crisis Threaten Economic Recovery

ECUADOR - Monthly Report 11 Aug 2017 by Magdalena Barreiro

The internal crisis in the governing Alianza Pais has ballooned into a government and national political crisis that is threatening President Lenín Moreno’s already-difficult plan to lead Ecuador to economic recovery. The roots of the crisis are twofold. The first is ex-president Rafael Correa’s withdrawal syndrome from power, as Moreno himself has noted. This is being caused not only by Correa’s psychological characteristics, which without a doubt still hold decisive influence over his followers in the Assembly and the new administration, but also by Moreno’s relative autonomy. In fa...

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