- The state to tighten control of vital industries such as oil, mining and telecommunications and reduce monopolies
- Some foreign loans to be declared illegitimate, which could allow the government to stop debt repayments
- The state allowed to expropriate and redistribute idle farm land and ban large land-holdings
- The president allowed to stand for a second four-year term in office
- Free health care for older citizens
- Civil marriage for gay partner
ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN PROF. SKOSPLES' ECONOMIC SYSTEMS COURSE AT OHIO WESLEYAN UNIVERSITY
Sunday, September 28, 2008
Equador's Symbol for Change
President Rafael Correa, a 45 year old US trained economist, is introducing a 444-article plan for the future to his country of Ecuador. Some of the most contraversal are
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1 comment:
It just passed. I think only time will tell whether it was good or not. It will indeed give a lot of power to the president. But if he uses it for good then there is no problem. We'll see though...
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