LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

June 13, 2022

What Will Petro’s Presidency Mean for Colombia?

Gustavo Petro was elected Colombia’s president on Sunday and celebrated victory with his running mate, Francia Márquez. // Photo: Facebook Page of Francia Márquez.

Q

A

Michael Shifter, senior fellow and former president of the Inter-American Dialogue: “Following decades on the national political scene, six years after the peace deal and on his third presidential run, Gustavo Petro’s moment arrived. On Aug. 7 he will become Colombia’s first leftist president. Of even greater historical significance, Francia Márquez will be the country’s first Afro-descendant vice president. Their victory over Rodolfo Hernández can be attributed to several factors. Petro and Márquez presented themselves as change agents, determined to defy the political establishment and transform the country’s economic and social order. They put their finger on legitimate grievances of social exclusion and injustice felt by millions of Colombians. Their redistributionist and ‘green’ message particularly resonated with the country’s increasingly active youth. Petro’s populist appeal spread in the context of the pandemic, which hit Colombia hard (as it did other countries in the Americas). At the end of the campaign, his efforts…”

Top News

Petro Defeats Hernández in Colombia’s Runoff
Former guerrilla and current Senator Gustavo Petro defeated populist businessman Rodolfo Hernández in Sunday’s presidential runoff in Colombia. Petro will become Colombia’s first elected leftist president.
Four Sentenced in Paraguayan Official’s Killing
Four people were sentenced to 23 years and six months in prison after confessing to involvement in the killing of Paraguayan prosecutor Marcelo Pecci in Colombia.
Coelho Resigns as Chief Executive of Brazil’s Petrobras
José Mauro Coelho resigned as CEO of Brazilian state oil company Petrobras. President Jair Bolsonaro said last month that he was firing Coelho, but Coelho had refused to step down until his successor was formally installed.

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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