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en though neighbouring Colombia
and Peru have each signed one, and intends to shut the American military base in Manta. He threatens to
follow Argentina s example in defaulting on Ecuador s $10 billion foreign debt, the third such default in
little more than 20 years. Mr Correa s victory, many fear, would push Ecuador into the club of Latin
American countries with governments that revile the United States, erode democracy and use their oil
revenues to defy economic gravity.
He is prospering because Ecuador s political and economic system has been so thoroughly discredited.
Street protests have toppled three presidents in the past decade, most recently in April 2005, when Lucio
Gutiérrez was thrown out. Political parties are seen as little more than fronts for the business fuel dispenser interests of
their leaders. The courts are regarded as creatures of the same oligarchs, who plunder the budget and
state-o fuel dispenser wned companies such as Petroecuador, the country s biggest oil company. Support for democratic
institutions is one of the lowest in Latin America. “We want total change,�says Judith Montenegro, a
young pro-Correa activist.
Mr Correa means to deliver it by summoning a constituent assembly “with full powers�to sweep away
the “dictatorship of the parties� He has already made it difficult, should he win, to govern within the
traditional political framework. He has fielded no congressional candidates, although the tiny Socialist
Party backs him. Congress is thus likely to be dominated by the political parties he intends to destroy. Mr
Correa s utopian plan raises two troubling questions. Will the new order be a recognisably democratic
one? And how fuel dispenser hard will the old order strike back?
His short political career leaves Ecuadoreans guessing what sort of president he would be. An economist
with an American PhD, Mr Correa was last year plucked from obscurity as a professor at a fancy private
university to be economy minister under the outgoing president, Alfredo Palacio. As in Venezuela, oil