"Taking office in January 2007, he sought to move away from Ecuador's neoliberal economic model by reducing the influence of the World Bank and International Monetary Fund. He declared Ecuador's national debt illegitimate and announced that the country would default on over $3 billion worth of bonds; he pledged to fight creditors in international courts and succeeded in reducing the price of outstanding bonds by more than 60%. He oversaw the introduction of a new constitution, and was re-elected in 2009. Correa was re-elected in the 2013 general election. Ecuador was able to achieve political stability.
During Correa's presidency, he was part of the wider Latin American pink tide, a turn toward leftist governments in the region, allying himself with Hugo Chávez's Venezuela and brought Ecuador into the Bolivarian Alliance for the Americas in June 2009. Using populist policies and its own form of 21st century socialism that was less radical than in Venezuela, Correa’s administration increased government spending, initially reducing poverty, raising the minimum wage and increasing the standard of living in Ecuador until 2014. By the end of Correa's tenure, reliance on oil, overspending and earthquake caused Ecuador's economy to enter a recession, resulting in government spending being slashed, the layoff of thousands of public workers, as well as predictions by analysts stating that Ecuador would be left with further economic difficulties. Eventually, some Ecuadorians had also grown disenchanted with corruption, as well as Correa's confrontational behavior with media organizations. However, according to Transparency International, corruption decreased under Correa's government.
Between 2006 and 2016, poverty decreased from 36.7% to 22.5% and annual per capita GDP growth was 1.5 percent (as compared to 0.6 percent over the prior two decades). At the same time, inequalities, as measured by the Gini index, decreased from 0.55 to 0.47."
Grande exemplo: têm petróleo e moeda própria, mas conseguem ser mais corruptos, mais pobres, e com mais desigualdades sociais do que Portugal e o Presidente deles já está no poder desde 2007. Eu pensava que se devia escolher exemplos a seguir que fossem melhores do que o nosso. Afinal, o exemplo a seguir é pior. Viva a mediocridade!