The Case of Ecuador Under Rafael Correa 2 Ees
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2019 FCPA/Anti-Corruption Year in Review
FCPA/Anti-Corruption Developments: 2019 Year in Review January 21, 2020 FCPA/Anti-Corruption Developments: 2019 Year in Review Lucinda A. Low and Brittany Prelogar (eds.)1 Introduction US Foreign Corrupt Practices Act (FCPA) enforcement authorities announced a steady stream of individual and corporate enforcement matters throughout 2019, some with eye-popping fines. Overall, the Department of Justice (DOJ) and Securities and Exchange Commission (SEC) reported 50 FCPA-related actions (including 31 by the DOJ and 19 by the SEC) over the course of the year. The $2.9 billion in total fines, penalties, and disgorgement imposed in corporate FCPA settlements in 2019 nearly matched the record-breaking $2.91 billion imposed in 2018 in such matters. The DOJ also announced a slew of new charges against individuals and racked up a number of trial victories in existing cases. Mega settlements reached by two companies made up nearly two-thirds of the $2.9 billion total corporate penalties imposed in 2019. In the first quarter of the year, Mobile TeleSystems PJSC (MTS) agreed to pay $850 million in penalties and disgorgement to resolve charges against it, joining the ranks of fellow companies Telia and VimpelCom among the top FCPA fines to date for conduct relating to the Uzbek telecommunications sector. In a strong book-end to the year, Telefonaktiebolaget LM Ericsson (Ericsson) and its subsidiary, Ericsson Egypt Ltd. (Ericsson Egypt), agreed to pay more than $1 billion in penalties and disgorgement to resolve DOJ and SEC investigations for conduct in multiple countries. Enforcement against individuals, especially by the DOJ, was also particularly robust in 2019. -
Causes and Permanence of Corruption, the Role of Trust, and Social Dilemmas: the Case of Ecuador+
Causes and permanence of corruption, the role of trust, and social dilemmas: The case of Ecuador+ ENRIQUE CRESPO* The London School of Economics and Political Science [email protected] https://doi.org/10.18800/rcpg.201702.001 A The present study aims to discuss corruption, its causes, and its persistence using the research agenda proposed by Bo Rothstein. As a rule, studies and theories have analysed corruption using structural variables like the economy, social development, and democracy, among others. Nevertheless, little has been explained about the role of other—non-structural—variables in generating and sustaining corruption, such as interpersonal/institutional trust and social dilemmas. Therefore, this study will use data obtained from the Vanderbilt University project Americas Barometer in 2014 to analyse the case of Ecuador. The objective of this paper is twofold: first, to contrast the claims of major theories of structural causes of corruption with what is observed in Ecuador, and second, to use Rothstein’s framework to assess the links between trust, social dilemmas, and corruption in the selected case study. From this analysis, we can assert that the hypotheses constructed by Rothstein are confirmed in the case of Ecuador. On the one hand, there seems to be a positive correlation between vertical and horizontal trust in the country. On the other hand, looking at the fitted models, it is also possible to claim that there is a negative association between interpersonal trust and the perception and persistence of corruption in Ecuador. Keywords: corruption, trust, interpersonal, institutional, structural, social dilemmas, Ecuador, causes, persistence. + Recibido el 24 de mayo de 2017; aceptado el 13 de setiembre de 2017. -
Corruption and Quality of Governance
Center for Strategic Studies and Reforms (CISR) Transparency International – Moldova Corruption and Quality of Governance January 2001 Prepared by: Dr. Lilia Carasciuc, Executive Director of Transparency International – Moldova, expert of the Center for Strategic Studies and Reforms, With the financial support of: Public Affairs Section of the Embassy of US in Moldova This study was funded by the United States Public Affairs Section – Chisinau. The findings, interpretations and conclusions presented in this report are entirely those of the author. The United States Public Affairs Section – Chisinau or the United States Government neither endorses nor takes responsibility for the content of this publication. Acknowledgements The author expresses her gratitude to the Public Affairs Section of the US Embassy in the Republic of Moldova for the financial assistance of this research. Special gratitude to Bernell McIntire, Lisa M. Heilbronn and Rodica Stavarrache for their moral support and valuable advise, to the team of CISR (Dr.A. Gudym, A. Bucatca, A. Turcan, G. Balan , V. Bulan) for excellent co-operation in carrying out the opinion poll. The study has benefited greatly from contacts with Donald Bowser (Transparency International). I also express many thanks to sociologists, Dr. V. Turcan and Dr. I. Jigau for their consulting and for conducting the poll. I am grateful for the team of 50 interviewers. Contents Introductory note 5 1. The face of corruption in Moldova 6 1.1 Notion of corruption on the national scene 6 1.2 Causes of corruption 6 1.3 The place of Moldova in international rankings 7 1.4 Consequences of corruption 9 2. -
Populist Citizenship in the Bolivarian Revolutions
MIDDLE ATLANTIC REVIEW OF LATIN AMERICAN STUDIES, A JOURNAL OF THE MIDDLE ATLANTIC COUNCIL OF LATIN AMERICAN STUDIES Populist Citizenship in the Bolivarian Revolutions Carlos de la Torre University of Kentucky Abstract: This article analyzes the contours of populist citizenship as an alternative to neoliberal models of citizenship as consumption, and to liberal models that protect pluralism. It compares how political, socioeconomic, civil, collective, gender, and GLBT rights were imagined and implemented in Venezuela, Bolivia, and Ecuador. It explains why despite the expansion of some rights, populists’ use of discriminatory legalism to regulate the public sphere and civil society led to the displacement of democracy toward authoritarianism. Key words: citizenship, populism, rights, democratization, authoritarianism. Populism is a form of political incorporation to the political community based on rhetorical appeals to and the mobilization of the people (de la Torre 2000). Populists use a Manichaean rhetoric that confronted the people against the oligarchy understood as self-serving and foreign-oriented elites that marginalized the plebs from political, socioeconomic, and symbolic resources and benefits. Populist challenges to the exclusion of the people, and their promises of inclusion and even redemption took place during episodes of mobilization and contentious collective action (Jansen 2015). During populist events the meanings of the term “the people” and who belonged to this category are contested. Several actors such as politicians, activists, and leaders of social movements claim to be the voice of the people. Politics becomes a struggle over who could claim to talk on behalf of the people and to represent their interests. Populism is also a model of citizenship conceived as the active participation of the people in politics (Spanakos 2008; Rein 2013). -
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University of Pennsylvania From the SelectedWorks of Philip M. Nichols March 22, 2011 The sP ychic Costs of Violating Corruption Laws Philip M. Nichols, The Wharton School of the University of Pennsylvania Available at: https://works.bepress.com/philip_nichols/4/ The Psychic Costs of Violating Corruption Laws Philip M. Nichols* 1. Corruption Presents Significant Issues . 6 1.1 Endemic Corruption . 7 1.2. Corruption Inflicts Substantial Damage . .12 1.2.1. Weak Governments that make Poor Decisions . .13 1.2.1.1. Corruption Affects the Composition of Decisionmakers . .14 1.2.1.2. Corruption Distorts the Decisionmaking Process . 15 1.2.2. Corruption Causes Economic Fragility . .18 1.2.3. Corruption Degrades the Connection Between Governments and People .22 1.2.4. Corruption Degrades the Quality of Life . 24 2. Corruption Control in Malaysia and Singapore . .26 2.1. The Historical Context of Malaysia and Singapore . 26 2.2. Corruption Control in Malaysia and Singapore . .32 2.2.1. Malaysia . 33 2.2.2 Singapore . 37 3. Discussions on Corruption in Singapore and Malaysia . .39 3.1. Attitudes toward Corruption . 43 3.1.1. Singapore . 43 3.1.2. Malaysia . .46 3.2 Manifestation of and Experience with Corruption . .47 3.2.1 Singapore . .47 3.2.2. Malaysia . 52 3.3. Responses to Corruption Agencies . 57 3.3.1. Singapore . 57 3.3.2. Malaysia . 58 4. The Implementation of Corruption Laws . 60 4.1. Internalization of Corruption Controls . 60 4.2. Corruption is not Monolithic . 68 4.3. Corruption can be Controlled . 75 Conclusion . 80 * Associate Professor of Legal Studies and Business Ethics, Class of 1940 Bicentennial Reunion Term Professor, The Wharton School of the University of Pennsylvania. -
Ecuador's Macroeconomic Policies, Institutional Changes, and Results
CEPR CENTER FOR ECONOMIC AND POLICY RESEARCH Decade of Reform: Ecuador’s Macroeconomic Policies, Institutional Changes, and Results By Mark Weisbrot, Jake Johnston, and Lara Merling* February 2017 Center for Economic and Policy Research 1611 Connecticut Ave. NW tel: 202-293-5380 Suite 400 fax: 202-588-1356 Washington, DC 20009 http://cepr.net Mark Weisbrot is Co-Director at the Center for Economic and Policy Research (CEPR) in Washington DC. Jake Johnston is a Research Associate, and Lara Merling is a Research Assistant at CEPR. Contents Executive Summary ........................................................................................................................................... 2 Indicators ....................................................................................................................................................... 2 Policy Changes and Reforms ...................................................................................................................... 3 Overview ............................................................................................................................................................. 4 Financial, Regulatory, and Institutional Reforms and the World Recession ............................................. 8 The Second Oil Price Collapse (2014), Recession, and Recovery ............................................................ 12 Conclusion ....................................................................................................................................................... -
Unidad Educativa Javier
UNIDAD EDUCATIVA JAVIER BGU “Corruption in Latin American countries, such as: Ecuador and Venezuela and its impact in the region.” By: Javier Cali Orellana Advisor: Mario Cadena 3rd BGU section “C” 2017-2018 1 GRATITUDE I want to thank God, my parents, teachers and colleagues and all those who have made the required education possible with the best implements and research methods required to make this monograph in the best way. 2 SUMMARY This monograph is based on a study of corruption in Latin American countries such as Ecuador and Venezuela and how this affects other countries in the region, is based on real information and verified with statistics and graphics where the level of corruption is demonstrated by countries and possible solutions that can be given to eradicate this social problem. Presenting here the monograph named: "Corruption in Latin American countries such as: Ecuador and Venezuela and its impact in the region." 3 INDEX Contenido _Toc502848393GRATITUDE ................................................................................................. 2 SUMMARY ........................................................................................................................... 3 INTRODUCTION .................................................................................................................. 6 An overview of corruption ..................................................................................................... 8 1.1. General knowledge about corruption. ......................................................................... -
Ecuador: Political and Economic Conditions and U.S
Ecuador: Political and Economic Conditions and U.S. Relations June S. Beittel Analyst in Latin American Affairs July 3, 2013 Congressional Research Service 7-5700 www.crs.gov R43135 CRS Report for Congress Prepared for Members and Committees of Congress Ecuador: Political and Economic Conditions and U.S. Relations Contents Background ...................................................................................................................................... 1 Political and Economic Conditions .................................................................................................. 2 Correa Administration ............................................................................................................... 2 Correa’s New Term .................................................................................................................... 3 Economic Conditions ................................................................................................................ 4 U.S. Relations .................................................................................................................................. 6 Counternarcotics ........................................................................................................................ 7 Trade .......................................................................................................................................... 8 Contacts Author Contact Information............................................................................................................ -
Rafael Correa and the Indigenous Movement
A CALCULATED RELATIONSHIP: RAFAEL CORREA AND THE INDIGENOUS MOVEMENT An Undergraduate Research Scholars Thesis by JUAN FERNANDO LUNA Submitted to the Undergraduate Research Scholars program at Texas A&M University in partial fulfillment of the requirements for the designation as an UNDERGRADUATE RESEARCH SCHOLAR Approved by Research Advisor: Dr. Felipe Hinojosa May 2017 Major: History TABLE OF CONTENTS Page ABSTRACT .................................................................................................................................. 1 INTRODUCTION ........................................................................................................................ 2 Literature Review.............................................................................................................. 3 Theoretical Framework .................................................................................................... 4 CHAPTERS I. THE INDIGENOUS MOVEMENT AND THE PRESIDENCY ............................... 5 II. THE ROAD TO PLURINATIONALISM ................................................................ 10 The 2006 Presidential Election ........................................................................... 10 The National Referendum and the Constitutional Convention ........................... 13 CONCLUSION ........................................................................................................................... 16 BIBLIOGRAPHY ...................................................................................................................... -
H.E. Rafael Correa Delgado, President of the Republic of Ecuador
H.E. Rafael Correa Delgado President of the Republic of Ecuador Rafael Correa Delgado, who took office as President of the Republic of Ecuador in January 2007, has a background as an academic, government minister and consultant for international organizations. Born in Guayaquil, Ecuador in 1963, President Correa holds a PhD in economics from the University of Illinois at Urbana-Champaign (2001), a master of science degree in economics from the University of Illinois at Urbana-Champaign (1999), a master of arts degree in economics from the Catholic University of Louvain at Louvain- la-Neuve (1991) and a Bachelor’s degree in economics from the Catholic University of Santiago de Guayaquil (1987). He has been awarded several scholarships and prizes. From 1983 to 1993, President Correa served as a Professor at the Faculty of Economics, Catholic University of Santiago de Guayaquil. From 1993 to 1997, he was a Senior Lecturer at the Department of Economics, University San Francisco de Quito. Later, he worked at the Department of Economics, University of Illinois at Urbana- Champaign, United States of America, until 2001. He then returned to the University San Francisco de Quito to serve as a Senior Lecturer and Director of “SUR”, Centre for Economic Research and B I O G R A P H I C A L N O T E B I O G R A P H C L N T E Social Studies. H.E. Rafael Correa Delgado H.E. Rafael Correa During this time, President Correa was also a Visiting Professor at the Latin American School of Social Sciences, the Monterrey Institute of Technology and the Simón Bolívar Andean University, all in Quito; and at the University of Guayaquil, the Catholic University of Santiago de Guayaquil and the Higher Polytechnic College of the Littoral, all in Guayaquil, Ecuador. -
Changes in the Foreign Policy of Bolivia and Ecuador: Domestic and International Conditions
Changes in the Foreign Policy of Bolivia and Ecuador: Domestic and International Conditions André Luiz Coelho Farias de Souza1 https://orcid.org/0000-0002-1632-0098 Clayton M. Cunha Filho2 https://orcid.org/0000-0001-6073-3570 Vinicius Santos3 https://orcid.org/0000-0003-0907-7832 1Universidade Federal do Estado do Rio de Janeiro, Department of Political Studies, Rio de Janeiro/RJ, Brazil 2Universidade Federal do Ceará, Department of Social Sciences, Fortaleza/CE, Brazil 3Universidade Federal de Minas Gerais, Belo Horizonte/MG, Brazil The aim of this paper is to assess the changes in the foreign policy of Bolivia and Ecuador during the administrations of Evo Morales (2006- 2019) and Rafael Correa (2007-2017), taking into account the interaction between domestic and international factors in both countries. Our working hypothesis argues that the reorientation of the foreign policy of these countries was possible due to a connection between alterations observed in the domestic and international spheres starting in the middle of the 2000s. In the internal sphere, the greater political stability resulting from the restructuring of the party system; in the foreign policy environment, an international system more open to the progressive field, allowing a change in the orientation of Bolivian and Ecuadorian foreign policy, based on that moment on the diversification of partnerships with an anti-United States bias. Keywords: Ecuador; Bolivia, Foreign Policy; Evo Morales; Rafael Correa. http://doi.org/ 10.1590/1981-3821202000030004 For data replication, see: https://doi.org/10.7910/DVN/T8YQH1 Correspondence: André Luiz Coelho Farias de Souza. E-mail: [email protected] This publication is registered under a CC-BY Licence. -
When Bad Things Happen to Good Sovereign Debt Contracts: the Case of Ecuador
Munich Personal RePEc Archive When Bad Things Happen to Good Sovereign Debt Contracts: The Case of Ecuador Porzecanski, Arturo C. American University February 2010 Online at https://mpra.ub.uni-muenchen.de/20857/ MPRA Paper No. 20857, posted 24 Feb 2010 07:01 UTC WHEN BAD THINGS HAPPEN TO GOOD SOVEREIGN DEBT CONTRACTS: THE CASE OF ECUADOR ARTURO C. PORZECANSKI Distinguished Economist-in-Residence School of International Service American University Washington, DC 20016-8071 [email protected] Draft, February 2010 ABSTRACT The lesson from abundant history is that, despite decades of constructive innovations in international loan and bond contracts involving sovereign financial obligations, lawyers, bankers, analysts and investors are best advised to operate under no illusions: Sovereigns are indeed sovereign. To those who harbored the hope that Argentina’s bad behavior as a sovereign debtor was a major exception that would not soon be repeated, the case of Ecuador’s latest default on shaky claims of the “illegitimacy” of some of its obligations demonstrates that while the absence of sovereign willingness to pay remains rare, it is not rare enough. These rogue sovereign debtors can be effectively restrained only by the forceful actions of other sovereigns, bilaterally or multilaterally, but in this case, in a repetition of attitudes shown toward Argentina since 2002, the international official community not only failed to condemn Ecuador’s actions, but actually expressed verbal and provided financial support. The government in Quito gathered no plaudits from the many national and international NGOs that have been campaigning for the massive forgiveness of developing-country debt, but at least this attitude is understandable: the case of Ecuador did not lend itself to arguments in favor of repudiation on “odious debt” or any related grounds.