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Economy / Ecuador

Correa Tightens His Grip

January 2012 | Political Risk Analysis

BMI View: Ecuadorean President Rafael Correa's chances of winning next year's presidential ballot - should he chose to stand for re-election - have been boosted by recent developments, which have seen the executive increase its control over the country's political institutions. We view this as negative for Ecuador's long-term democratic credentials, reflected by the weak score in our long-term political risk ratings.

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