Ecuador's post-coup reckoning
Article Abstract:
Jamal Mahuad has been removed from the presidency of Ecuador following a coup, and Gustavo Noboa, who was vice-president, has become president. The coup involved an alliance of the military and Indian farmers, but the colonel leading the coup was arrested, and Noboa put in power, after US intervention. Noboa may enjoy greater political support than his predecessor, but still faces serious economic problems such as a drop in gross domestic product, high inflation, and a large fiscal deficit.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
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A warning from Ecuador
Article Abstract:
A coup has been carried out in Ecuador, deposing Jamil Mahuad as president, but power has been handed over to the vice president, Gustavo Noboa. There is concern about the impact of these events on democracy in Latin American, and economic misery is no reason for carrying out a coup. Andean countries are most vulnerable to threats to democracy, and the recession of 1999 has exacerbated political problems. Some countries are relatively secure, such as Mexico and Argentina.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
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Latins ride high
Article Abstract:
Democratic reforms in Latin American governments are advancing freedom and stability in those countries. Latin governments are following the example set by successful democracies in Spain and Portugal.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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