Ecuador’s Politics: Stability at Last, for Now

Ecuador’s Politics: Stability at Last, for Now

One local candidate is comparing his crime-fighting abilities to Batman's. A would-be president has promised to raise the minimum wage to $77, because seven is a good number. And the government's "revolutionary" version of the Beatle's song "Hey Jude" has incurred the wrath of the copyright administrators.

Yet if Ecuador's election season seems strange, it pales in comparison to the chaos that went before. Seven presidents in the decade following 1997. Three leaders overthrown. A banking and currency collapse. This was Latin America's basket case.

Today political stability has been restored, thanks in large part to one president's popularity. Rafael Correa's approval rating consistently tops 60 percent, despite two years in power and a worsening economic situation. In Sunday's polls, he needs either 50 percent of the vote or 40 percent with a 10 percent margin over his closest challenger to score a first-round reelection victory. Polls suggest he will get the former, keeping him in office until at least 2013 and making him the longest-serving Ecuadorian president since the country's return to democracy in 1979.

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