Latin America Advisor 2024-10-29

Latin America Advisor

A Publication of The Dialogue

Who Has the Edge in Uruguay’s Runoff Election?

Uruguay’s presidential election is headed to a runoff, as center-left candidate Yamandú Orsi and conservative Álvaro Delgado emerged as the top vote-getters in Sunday’s first round. With nearly all votes counted, Orsi won 46.22 percent, while Delgado secured 28.15 percent. With no candidate winning more than 50 percent, the two men are set to face each other in a second round on Nov. 24. What factors drove Sunday’s results? Which candidate has the edge in the second round, and who is most likely to pick up the voters of third-place finisher Andrés Ojeda? What does voters’ apparent rejection of the pension reform that was on Sunday’s ballot mean for Uruguay?

Alfonso Blanco, director of the Energy Transition & Climate Program at the Inter-American Dialogue: “As usual in Uruguay, the election unfolded as a vibrant civic celebration, with turnout exceeding 90 percent. However, following a night filled with uncertainty and mixed feelings across both blocs, the political landscape underwent a radical shift, presenting the next government with an unprecedented situation. Yamandú Orsi, the candidate of the Frente Amplio, emerged as the leading contender and secured a Senate majority with 16 seats. He was followed by Álvaro Delgado of the National Party and Andrés Ojeda of the Colorado Party. The ruling coalition, along with its minor party partners won 14 Senate seats, but neither of the two main blocs secured a majority in the Chamber of Representatives. These results shape the path…”

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About the Latin America Advisor

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.