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Correism
Rafael Vicente Correa Delgado (; born 6 April 1963), known as Rafael Correa, is an Ecuadorian politician and economist who served as President of Ecuador from 2007 to 2017. The leader of the PAIS Alliance political movement from its foundation until 2017, Correa is a democratic socialist and his administration focused on the implementation of left-wing policies. Internationally, he served as president ''pro tempore'' of the UNASUR. Born to a lower middle-class mestizo family in Guayaquil, Correa studied economics at the Universidad Católica de Santiago de Guayaquil, the University of Louvain (UCLouvain), and the University of Illinois, where he received his PhD. Returning to Ecuador, in 2005 he became the Minister for the Economy under President Alfredo Palacio, successfully lobbying Congress for increased spending on health and education projects. Correa won the presidency in the 2006 general election on a platform criticizing the established political elites. Taking offic ...
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Citizen Revolution Movement
The Citizen Revolution Movement ( es, Movimiento Revolución Ciudadana) is a Democratic socialism, democratic socialist political party in Ecuador formed by supporters of former President Rafael Correa who distanced themselves from Correa's former PAIS Alliance party during the presidency of Lenín Moreno. The party takes its name from The Citizens' Revolution, the term used to refer to the project of building a new society. History The party has its origins in early January 2018, as former Ecuadorian President and PAIS leader Rafael Correa left the ruling party over disagreement with the new direction of the party under Lenín Moreno. The party was formed by Correa and a large faction of left-wing PAIS defectors shortly after Correa left PAIS. The party faced difficulties in obtaining official registration, as Ecuador's electoral authorities refused to register the party and give it access to the signature collection system, as they stated the party was using the symbols and s ...
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PAIS Alliance
PAIS Alliance is a centre-left social democratic political party in Ecuador. In 2016, it had 979,691 members. Founded by Rafael Correa in April 2006, the party soon found success amid the " pink tide" period in Latin America. The party's early period in power (2007–2017) is known as the Correa era, named after the longtime leader Correa, who was also the President of Ecuador. Under Correa, PAIS was more left-leaning and followed a form of anti-imperialism, Bolivarianism, democratic socialism, left-wing populism, left-wing nationalism, and progressivism, as part of socialism of the 21st century, which was followed by like-minded parties in Bolivia and Venezuela, which became known as Correism. The party had majority governments throughout the period in power and also had a supermajority from 2013 to 2017. During this period, Correa's administration increased government spending, reducing poverty, raised the minimum wage, and increased the standard of living in Ecuador. Between ...
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Lenín Moreno
Lenín Voltaire Moreno Garcés (; born 19 March 1953) is an Ecuadorian politician who served as the 46th president of Ecuador, from 2017 to 2021. Moreno was vice president from 2007 to 2013, serving under President Rafael Correa. He was nominated as the candidate for Correa's PAIS Alliance, a social democratic political party, in the 2017 presidential election and won a narrow victory in Ecuador's second round of voting on 2 April 2017. However, after his election Moreno drastically shifted his political stance, distancing himself from Correa's leftist legacy in both domestic and foreign policy. By the end of Moreno’s presidency, he had left office with a staggeringly low approval rating of 9%, the lowest in modern Ecuadorian history. He was expelled from PAIS Alliance in March 2021 after the party's crushing defeat in the 2021 elections. Moreno was shot in a 1998 robbery attempt and thereafter has used a wheelchair. For his advocacy for people with disabilities, he was nom ...
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Left-wing Politics
Left-wing politics describes the range of political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy. Left-wing politics typically involve a concern for those in society whom its adherents perceive as disadvantaged relative to others as well as a belief that there are unjustified inequalities that need to be reduced or abolished. Left-wing politics are also associated with popular or state control of major political and economic institutions. According to emeritus professor of economics Barry Clark, left-wing supporters "claim that human development flourishes when individuals engage in cooperative, mutually respectful relations that can thrive only when excessive differences in status, power, and wealth are eliminated." Within the left–right political spectrum, ''Left'' and '' Right'' were coined during the French Revolution, referring to the seating arrangement in the French Estates General. ...
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Hugo Chávez
Hugo Rafael Chávez Frías (; 28 July 1954 – 5 March 2013) was a Venezuelan politician who was president of Venezuela from 1999 until his death in 2013, except for a brief period in 2002. Chávez was also leader of the Fifth Republic Movement political party from its foundation in 1997 until 2007, when it merged with several other parties to form the United Socialist Party of Venezuela (PSUV), which he led until 2012. Born into a middle-class family in Sabaneta, Barinas, Chávez became a career military officer and, after becoming dissatisfied with the Venezuelan political system based on the Puntofijo Pact, he founded the clandestine Revolutionary Bolivarian Movement-200 (MBR-200) in the early 1980s. Chávez led the MBR-200 in its unsuccessful coup d'état against the Democratic Action government of President Carlos Andrés Pérez in 1992, for which he was imprisoned. Pardoned from prison two years later, he founded the Fifth Republic Movement political party ...
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Pink Tide
The pink tide ( es, marea rosa, pt, onda rosa, french: marée rose), or the turn to the left ( es, giro a la izquierda, link=no, pt, volta à esquerda, link=no, french: tournant à gauche, link=no), is a political wave and perception of a turn towards left-wing governments in Latin American democracies moving away from the neoliberal economic model in the 21st century. As a term, both phrases are used in contemporary 21st-century political analysis in the news media and elsewhere to refer to a move toward more economic progressive or social progressive policies in Latin America. Such governments have been referred to as " left-of-centre", "left-leaning", and "radical social-democratic". They are also members of the São Paulo Forum, a conference of left-wing political parties and other organizations from the Americas. The Latin American countries viewed as part of this ideological trend have been referred to as pink tide nations, with the term ''post-neoliberalism'' or '' ...
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2013 Ecuadorian General Election
General elections were held in Ecuador on 17 February 2013 to elect the President, the National Assembly, Provincial Assemblies and members of the Andean Parliament. The incumbent President Rafael Correa was re-elected by a wide margin. Correa's closest electoral rival, Guillermo Lasso, conceded the election shortly after it concluded. The vote had been set for January 2013, but was put back a month to allow a full year to elapse after the reform of election rules. This was the first election since 1996 held after the natural expiration of a four-year presidential term. This was due to a decade of political and economical instability that Ecuador experienced after Abdalá Bucaram was impeached by the former Congress, in late 1997, and that lasted until Correa's inauguration in early 2007.
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2009 Ecuadorian General Election
Early general elections were held in Ecuador on 26 April 2009 following the approval of a new constitution in a referendum held on 28 September 2008. President Rafael Correa ran for his first term under the new constitution. The election was initially expected to be held in October 2010. Among the candidates for President were current President Rafael Correa, supported by his PAIS Alliance and the Socialist Party; Álvaro Noboa ran under the banner of the PRIAN and had the support of the Social Christian Party (PSC) and the Christian Democratic Union. Former president Lucio Gutiérrez ran as the candidate of the January 21 Patriotic Society Party. Preliminary results suggested that Correa had won reelection in the first round easily, surpassing 50% of the vote, followed by Gutiérrez coming in second with about 28% of the vote. Correa's came short of having an absolute majority in parliament. In addition Correa became the first sitting president to be reelected since Garcí ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billi ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vic ...
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Neoliberalism
Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent factor in the rise of conservative and libertarian organizations, political parties, and think tanks, and predominantly advocated by them, it is generally associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society. The defining features of neoliberalism in both thought and practice have been the subject of substantial scholarly debate. As an economic philosophy, neoliberalism emerged among European liberal scholars in the 1930s as they attempted to revive and renew central ideas from classical liberalism as they saw these ideas dimin ...
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2006 Ecuadorian General Election
General elections were held in Ecuador on 15 October 2006 to elect a new President and National Congress. As no presidential candidate received a majority of the vote in the first round, a run-off was held on 26 November, which was won by Rafael Correa of the PAIS Alliance. Noteworthy lack of reporting of null votes According to the Supreme Electoral Tribunal, the first-round total of null and blank votes was 1,091,833, which is less than the vote for either of the top two candidates. Run-off On November 28, 2006, Correa was declared the winner, although Noboa did not accept defeat, and suggested that he might challenge the validity of the ballot. According to the Supreme Electoral Tribunal (TSE), out of 97.29% of the votes counted, 57.07% were for Correa and 42.96% for Noboa. Among others, the Organization of American States, US ambassador Linda Jewell, and representatives of many South American countries have recognised Correa as the winner of the election. However, as ...
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