Ecuador’s New Deal: Nothing Succeeds Like Success |
 Rafael Correa Mark Weisbrot The Guardian Unlimited, February 15, 2013 En Español See article on original website Rafael Correa is far ahead of his nearest rival in Sunday’s presidential election in Ecuador, and expected to easily win another four year presidential term. It’s not hard to see why. Unemployment fell to 4.1 percent by the end of last year – a record low for at least 25 years. Poverty has fallen by 27 percent since 2006. Public spending on education has more than doubled, in real (inflation- adjusted) terms. Increased health care spending has expanded access to medical care, and other social spending has also increased substantially, including a vast expansion of government-subsidized housing credit. Continue reading |
