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Rafael Correa
Rafael Vicente Correa Delgado (; born 6 April 1963) is an Ecuadorian politician and economist who served as the 45th president of Ecuador from 2007 to 2017. The leader of the PAIS Alliance political movement from its foundation until 2017, Correa is a democratic socialism, democratic socialist and his administration focused on the implementation of Left-wing politics, left-wing policies. Internationally, he served as president ''pro tempore'' of the Union of South American Nations, UNASUR. Since 2017, he has been living with his family in Belgium. Born to a lower middle-class mestizo family in Guayaquil, Correa studied economics at the Universidad Católica de Santiago de Guayaquil, the Université catholique de Louvain, University of Louvain (UCLouvain), and the University of Illinois at Urbana–Champaign, 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 lobbyin ...
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Jorge Glas
Jorge David Glas Espinel (; born 13 September 1969) is an Ecuadorian politician and electrical engineer. He served as Vice President of Ecuador from 24 May 2013 to 13 December 2017. Then Ecuadorian president Lenín Moreno suspended Glas of his official duties as vice president on 3 August 2017. In December 2017, Glas was sentenced to six years imprisonment by a Criminal Tribunal of the National Court of Justice, for receiving over $13.5 million in bribes in the Odebrecht scandal. In April 2024 during a raid on the Mexican embassy by Ecuadorian police, Glas was arrested and held in prison, resulting in Mexico severing relations with Ecuador. Early life and education Jorge Glas was born 13 September 1969 in Guayaquil. His paternal grandfather was a German Jewish immigrant named Heriberto Glas cohen who escaped the Nazi regime. For this reason, he holds German citizenship. He has known and been friends with Rafael Correa, the former president of Ecuador, since their time as bo ...
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Left-wing Politics
Left-wing politics describes the range of Ideology#Political ideologies, political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy either as a whole or of certain social hierarchies. 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, through radical means that change the nature of the society they are implemented in. According to emeritus professor of economics Barry Clark, supporters of left-wing politics "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-wing politics, Right'' were coined during the French Revolu ...
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Hugo Chávez
Hugo Rafael Chávez Frías (; ; 28 July 1954 – 5 March 2013) was a Venezuelan politician, Bolivarian Revolution, revolutionary, and Officer (armed forces), military officer who served as the 52nd president of Venezuela from 1999 until Death of Hugo Chávez, his death in 2013, except for 2002 Venezuelan coup d'état attempt, a brief period of forty-seven hours 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. 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 Venezuelan coup attempts of 1992, coup d'état again ...
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Pink Tide
The pink tide (; ; ), or the turn to the left (; ; ), is a political wave and turn towards left-wing governments in Latin America throughout the 21st century. As a term, both phrases are used in political analysis in the news media and elsewhere to refer to a move toward more economically progressive or socially progressive policies in the region. 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 '' socialism of the 21st century'' also being used to describe the movement. Elements of the movement have included a rejection of the Washington Consensus. At the same time, some pink tide governments, such as those of Argentina, Brazil, ...
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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 Ga ...
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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 funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ...
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World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. 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 its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ...
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Neoliberalism
Neoliberalism is a political and economic ideology that advocates for free-market capitalism, which became dominant in policy-making from the late 20th century onward. The term has multiple, competing definitions, and is most often used pejoratively. In scholarly use, the term is often left undefined or used to describe a multitude of phenomena. However, it is primarily employed to delineate the societal transformation resulting from market-based reforms. Neoliberalism originated among European liberal scholars during the 1930s. It emerged as a response to the perceived decline in popularity of classical liberalism, which was seen as giving way to a social liberal desire to control markets. This shift in thinking was shaped by the Great Depression and manifested in policies designed to counter the volatility of free markets. One motivation for the development of policies designed to mitigate the volatility of capitalist free markets was a desire to avoid repeating the eco ...
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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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National Congress (Ecuador)
The National Congress (Spanish: ''Congreso Nacional)'' was the unicameralism, unicameral legislative branch of the government of Ecuador prior to November 2007. Under the Constitution of Ecuador, 1998 Constitution, Congress met in Quito and was made up of 100 Chamber of Deputies, deputies ''(diputados).'' Each of the country's Provinces of Ecuador, 22 provinces returned a minimum of two deputies plus one additional seat for every 200,000 inhabitants. It was dissolved on 29 November 2007 by the Ecuadorian Constituent Assembly and replaced by the National Assembly of Ecuador under the 2008 Constitution of Ecuador, 2008 Constitution. Its demise came when it was already weakened by the disfavorable perception of the Ecuadorian public opinion, which for decades saw it as a corrupt and incompetent entity, as well as a venue for violent disputes between its members and political intrigues, such as the removal of Presidents Abdalá Bucaram Ortiz in 1997 and Lucio Gutiérrez in 2005. Elig ...
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Mestizo
( , ; fem. , literally 'mixed person') is a term primarily used to denote people of mixed European and Indigenous ancestry in the former Spanish Empire. In certain regions such as Latin America, it may also refer to people who are culturally European even though their ancestors were Indigenous American or Austronesian. The term was used as an ethno-racial exonym for mixed-race that evolved during the Spanish Empire. It was a formal label for individuals in official documents, such as censuses, parish registers, Inquisition trials, and others. Priests and royal officials might have classified persons as mestizos, but individuals also used the term in self-identification. With the Bourbon reforms and the independence of the Americas, the caste system disappeared and terms like "mestizo" fell in popularity. The noun , derived from the adjective , is a term for racial mixing that did not come into usage until the 20th century; it was not a colonial-era term.Rappaport, Joa ...
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