GlobalSource Partners | Country Insights | Ecuador

What do the results of the Ecuador's constitutional referendum and local elections indicate about the national trends and how will they affect the macroeconomic outlook? Visit our calendar page to watch the replay of our webinar featuring Magdalena Barreiro as she discusses what the elections and...

Slide presentation - Ecuador's February elections: A critical political thermometer

ECUADOR · Report · 16 Feb 2023

Get insight into Ecuador's elections and what economic data reveals about Ecuador's trajectory with the presentation from our webinar, "Ecuador's February elections: A critical political thermometer".

Three-cushion billiards

ECUADOR · Report · 21 Dec 2022

The battle between the Executive and the Legislature continues, and we foresee no improvement in the coming months. UNES and the rebels from Pachakutik have not and will not cease in their efforts to get rid of President Lasso — or at least make his life difficult. Social Christians accompany the...

Soccer – our hope of last resort

ECUADOR · Report · 22 Nov 2022

The intentions of Correistas, Social Christians, and the rebels from Pachakutik to oust President Guillermo Lasso have not ended. They sent a recent new petition to the Electoral Council to revoke his mandate under the argument of a “failed state”, based on the recent cruel massacres that occurre...

A good couple of months

ECUADOR · Report · 24 Oct 2022

Ecuador has had good news both domestically and from abroad in the last two months. On October 14, the government and CONAIE ended successfully—albeit with differing levels of satisfaction—the negotiation tables that were established after the violent riots of last June. With the mediation of the...

President Lasso’s faulty bet

ECUADOR · Report · 27 Jul 2022

Last October, President Lasso bet on the responsible management of the economy and a successful vaccination campaign as the foundation for the future course of action for his government. It was a faulty bet, and the absence of a strong political front failed to predict the perfect storm we experi...

Webinar Replay: Ecuador - Dim light at the end of the tunnel

ECUADOR · Report · 08 Jul 2022

Despite protests, President Lasso has survived his impeachment vote. What is ahead for Ecuador? Visit our calendar page to watch the replay of our webinar featuring Magdalena Barreiro discussing the ramifications of the crisis on Ecuador's outlook.

Democracy in agony

ECUADOR · In Brief · 24 Jun 2022

After 12 days of riots and violence under the makeup of an indigenous protest over the cost of living and other economic and security problems in Ecuador, the suspected truth emerges. UNES, led by former President Correa, has initiated the petition for cross death and the destitution of President...

Is Cross Death rapidly approaching?

ECUADOR · In Brief · 18 Jun 2022

Facing the threat of Leonidas Iza, Head of Conaie, to march to Quito and the increasing violence of the protests, last night, President Lasso issued a decree to install the state of exception in three provinces, Pichincha, Imbabura and Cotopaxi. At the same time, he announced economic measures th...

A reminder from Leonidas Iza and Conaie

ECUADOR · Report · 16 Jun 2022 · 1 response

Those who thought that Leonidas Iza and the threat from CONAIE to political stability were under control were proven wrong this week by the strong and extended protests that – albeit without the severity of the 2019 riots – have already produced losses to the productive sector, mainly the flower ...

An opportunity for President Lasso to reinvent himself

ECUADOR · Report · 17 May 2022

The various unsuccessful attempts to reach agreements with the Assembly are not President Lasso's only headaches. Several massacres in the jail system that have caused the deaths of over 350 inmates since 2021, and violence and insecurity on the streets – especially in Guayaquil, which now has th...

Lower popularity does not make a hard job any easier

ECUADOR · Report · 22 Mar 2022

It seems like a long time ago that President Lasso enjoyed his highest levels of popularity, when over 70% of Ecuadorians approved of his performance, back in August 2021. By the end of January, his popularity had fallen below 40%. In this context Lasso is facing strong opposition outside and ins...

Legislative decisions that are beyond controversial

ECUADOR · In Brief · 14 Mar 2022

Last Thursday, the Assembly voted in favor of granting amnesty to all of those prosecuted for violent acts of public property destruction carried out during the riots of October 2019. Albeit some of the cases could fall within the category of political persecution, there is no doubt according to ...

President Lasso carries an important agenda to China

ECUADOR · Report · 21 Jan 2022

Thanks to the fragmentation and disagreements among legislators, it proved easier for the government to raise taxes than to reduce significantly public expenditures in 2021. Even so, $1000 million of additional tax collection and $2,000 million in higher oil revenue, together with a reduction of ...

The political winds blow hot and cold for President Lasso

ECUADOR · Report · 22 Dec 2021

The Comptroller General exonerated President Lasso from any involvement in the Pandora papers. In this context, the case was archived, and the dark clouds of a possible impeachment blew away. But the relationship with the Assembly is still complicated and even more uncertain than at the beginn...