Ecuador’s February 7 presidential election concluded in a surprise: The quick count published by the country’s National Electoral Council appeared to show a little-known candidate named Yaku Pérez Guartambel in second place, securing a narrow victory over right-wing candidate Guillermo Lasso, a banker with significant influence in the country.
Most polls had predicted that the presidential race would boil down to two presidential candidates, who could hardly have been more different: On one side was the conservative banker Lasso, who had the backing of Ecuadorian elites and the United States, and had unsuccessfully run for president twice before; while on the other was a youthful left-wing economist, Andrés Arauz, who follows in the footsteps of socialist former President Rafael Correa and wants to return to his Citizens’ Revolution.
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