Why Ecuador’s Runoff Vote Matters for the Bond Market

Voters in Ecuador face a stark choice when they pick their new president in the April 11 runoff election. They can go with a conservative candidate promising free trade with the U.S. who says he can heal the wounds of a decade and a half of confrontational politics. Or they can choose the freewheeling spending and heavy government involvement in the economy pledged by the proxy of a popular and populist leader who knocked on China’s doors for loans. The election will be watched beyond Ecuador’s

Leave a Reply

%d bloggers like this: