LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

August 28, 2024

Who Has the Edge in Ecuador’s Election Next Year?

In a crowded field of candidates, Ecuadorean President Daniel Noboa and opposition challenger Luisa González face each other in Ecuador’s presidential election next February. // File Photos: Ecuadorean Government, Facebook Page of Luisa González.

Q

A

Daniela Chacón Arias, executive director at Fundación TANDEM and former Quito vice mayor and city council member: “Ecuadoreans recently learned that there are 17 presidential tickets for next February’s election. While political parties can form alliances, it is likely that this number will not decrease substantially. The country’s current party system promotes fragmentation, and the creation of ‘for hire parties,’ that is, political parties without party structure, territorial bases, ideology or political agendas that are offered to the highest bidder. These parties survive on the few but sufficient votes they can obtain to negotiate political agreements and concessions that further weaken the system. In this scenario, without major changes since the 2023 election, Ecuadoreans will once again see Daniel Noboa and Luisa González on the ballot. They remain the main contenders, although a third candidate could provide a surprise, just as Noboa did previously. Surprises in Ecuador are quite likely. The Citizen Revolution party is betting on the safe choice: a candidate loyal to Rafael Correa, rather than someone who…”

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Maduro Shakes Up Cabinet, PDVSA Leadership
Venezuelan President Nicolás Maduro on Tuesday made major cabinet changes, naming new leaders for the oil and finance ministries as well as a new head of state oil company PDVSA. // File Photo: Venezuelan Government.

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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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Gene Kuleta
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P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
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Nili Blanck
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Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

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President Emeritus,
Inter-American Dialogue

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Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
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Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

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