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Ecuador’s election run-off result will be tight

Tuesday, August 22, 2023

Significance

National legislative elections were also dominated by RC, which took nearly 40% of the vote. Two referendums on limiting extractive activities were held alongside the elections; both were backed unequivocally by the electorate.

Impacts

  • The lack of an outright winner will prolong uncertainty over Ecuador’s political future.
  • International investors will remain cautious until there is greater clarity over the future direction of economic policy.
  • If Gonzalez wins the run-off, she may have to limit her ambitions due to legislative opposition.

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