QUITO — Ecuadoreans will vote in a presidential runoff on Sunday to decide whether to maintain the pro-market policies of the last four years or return to the socialism of the preceding decade as the Andean country seeks to revive its stagnant economy.
Left-wing economist Andres Arauz won the first round of the election in February, garnering almost 33% of the vote, on promises of generous cash handouts and a resumption of the socialist policies of his mentor, former President Rafael Correa.
Arauz’s rival, banker and third-time presidential candidate Guillermo Lasso, is promising to create jobs through foreign investment and financial support for the agricultural sector. Lass…
Keep on reading: Ecuador ponders return to socialism in presidential runoff