Foreign Policy Shifts of Ecuador and the Fall of The “21st century socialism” – A Brief Overview of Ecuadorian Foreign Policy between 2007 and 2019

Foreign Policy Shifts of Ecuador and the Fall of The “21st century socialism” – A Brief Overview of Ecuadorian Foreign Policy between 2007 and 2019
2019-07-05 KKI

Analysis by Guillermo Villavicencio Molina

In less than two years, the Republic of Ecuador has gone from being a staunch and unwavering promoter of Bolivarian integration to becoming self-regulated by the neoliberal model. For ten years, Rafael Correa´s administration echoed the left policies promoted by Venezuelan Hugo Chavez and carried out a challenging reform in terms of foreign policy by overlooking institutions such as the IMF and World Bank in order to put Ecuador on the regional radar. Now, the current government is retracing the steps and looking forward to achieving a rapprochement with the US and international financial institutions. This paper is aimed at analyzing the reasons and events that led Lenin Moreno´s administration to completely change the Ecuadorian foreign policy.

For the full text please click here!