Ecuador elections: a poisoned chalice?

The incoming government will face a steep fiscal adjustment and increased civil unrest.   By LT Staff Ecuador remains in limbo following elections on Sunday, as no candidate has yet cleared an outright majority, or the 40 percent plus 10 percentage point margin of victory needed to declare a first round victory. The electoral council has said they will not make an official announcement on the results or the possibility of a second round until Thursday. But whoever wins the election – whether that is Lenín Moreno of the left-wing Alianza País in a first round, or Guillermo Lasso of the right-wing Creando Oportunidades –  faces an uphill battle says Mark Keller, the analyst for Ecuador at The Economist Intelligence […]