Skip to main content

An Unlikely Runoff: González vs. Noboa

Source: BBC News Mundo  (Luisa González & Daniel Noboa)

Ecuador’s Presidential election took place on August, 20th, 2023. According to the Consejo Nacional Electoral (CNE) official information, with more than 98% of the ballots in, it shows that Luisa González and Daniel Noboa are headed to the runoff in October this year. González, a disciple and loyal follower of Rafael Correa, achieved the 33.6% of the electorate; while Noboa, a self-proclaimed “progressive” –left-leaning- entrepreneur and son of banana mogul, got 23.4% of the ballots on Sunday. In other words, only 5 out of ten people supported both candidates in this election. Hence, 50% of the other constituents voted for other candidate (one out of the other 6 candidates that run for office) that means the October runoff duo have much work to do to get bigger support within the next 50 days.

    However, the story goes beyond the introducing data presented in the earlier paragraph. The results show that Rafael Correa’s political party, Revolución Ciudadana, has its deep roots within the population; maintaining the 33% its base of the general electorate for the last three political elections (either for regional or presidential).  Furthermore and not surprising, it is the fact that González gets the approval of over the 45% (in some cases higher numbers) of the population in the provinces, such as: Guayas, Manabí, Esmeraldas, Los Ríos, Santo Domingo; all these provinces have higher indexes of insecurity.

    On the other hand, Daniel Noboa is the surprise of this political process. Noboa performed well on the Presidential Debate on August 13th. He conveyed a message without attacks on other candidates, especially to Correa’s party and its candidate, transmitted calmness, and strategy with data. The lack of stage presence and proposals by other candidates, especially Jan Topic and Otto Sonnenholzner, played a major role in favor of Noboa. Even the absence of the late Fernando Villavicencio, who was assasinated 11 days prior to Election Day, helped Noboa. But Noboa has some credit himself. He structured and planned a well-established campaign on the streets that gave him support. This support comes from young voters and that a remarkable success.

    Ecuadorians also went to the polls to elect and replace the ousted Assembly (Congress), by Lasso’s decree this past May; and the political party Revolución Ciudadana came out as a winner with 52 spots of 137, followed by Fernando Villavicencio the political movement with 31 seats. On the other hand, Noboa’s party only managed to gather 12 chairs; which means that if he becomes president he needs to lobby and reach agreements with the opposition.

    Overall, the broad view of the political situation in Ecuador is not ideal. The choices are one year and a half of the failed experiences of the so-called “Socialism of the 21st Century,” or a left-leaning-new-comer-young entrepreneur with an Assembly run by González party. However, the electorate must decide between more of the political, economic, and social disruption and despair brought by the Rafael Correa and its Affiliates or a small sense of relief and time to plan for a better future in the long run and the presidential elections of 2025.

Comments

Popular posts from this blog

De-dollarizing an Economy is not an Easy Task but in the Case of Ecuador it Makes No Sense

Ecuador adopted the US Dollar as its currency on January, 2000. The country at the time had almost a 100% rate of inflation and it used the US currency for major transactions such as: house, cars, and importations purchases, to name a few. However, there was a huge social cost of implementing the US Dollar in Ecuador. The political cost took a big hit when President Mahuad was ousted due to his decision in 2000.      Former President Jamil Mahuad in his book called: "This is how we dollarize Ecuador" (2021), makes a detailed account of the economic conditions in which the country was prior to the execution of the executive decree to use the US dollar as the country's official currency.  Mainly, in its chapter IX "Hyperinflation and freezing." Mahuad mentions the following: “We then had a triple run: a bank run (due to the withdrawal of bank deposits), an exchange run (due to the loss of Central Bank reserves caused by the purchase of dollars) and a flight of cap

Lasso: you failed

     Guillermo Lasso was elected as President of Ecuador in 2021. Since May of that year, Lasso demonstrated difficulties in managing its own political party, networking and lobbying with the National Assembly, and most of all keeping close his alliance with the Partido Social Cristiano’s Leader, Jaime Nebot.      Lasso backed his presidency initial months with a successful Covid-19 vaccination campaign, which was supported mainly by international organizations. But further than that; Lasso’s government is a failure. In an earlier post of this blog, it’s mentioned the following: “ With this in mind and having elections for president in Ecuador in 2024; time is an enemy for Lasso’s presidency. Ecuador’s President needs to increase speed in changes, reforms, and lobbying through a divided Assembly (Congress) to obtain legislation that allows: economic freedom, stronger rule of law, and presenting a positive environment for foreign investment. All these changes must be done quickly en