Journal
BULLETIN OF LATIN AMERICAN RESEARCH
Volume 30, Issue 3, Pages 267-281Publisher
WILEY
DOI: 10.1111/j.1470-9856.2010.00496.x
Keywords
Bolivia; Ecuador; Socialism; development; Evo Morales; Rafael Correa
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The recent political, economic and social histories of Bolivia and Ecuador point to a broader, post-neoliberal trend emerging in Latin America. Presidents Evo Morales and Rafael Correa have closely followed the basic model of twenty-first-century socialism as an alternative to free market capitalism. In theory, both leaders have successfully re-founded their countries with new constitutions that encompass the interests of all sectors of society. In practice, however, we argue that a volatile economic climate, poorly implemented reforms, increased opposition, and low political tolerance all indicate limitations to the viability of twenty-first-century socialism as a post-neoliberal development model.
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