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 Ecuador > History

Ecuador history


Esmeraldas Ecuador, Ecuadorian girlAfter World War II, a recovery in the market for agricultural commodities and the growth of the banana industry helped restore prosperity and political peace. From 1948-60, three presidents--beginning with Galo Plaza--were freely elected and completed their terms.

Recession and popular unrest led to a return to populist politics and domestic military interventions in the 1960s, while foreign companies developed oil resources in the Ecuadorian Amazon.

With the oil boom fading, Ecuador returned to democracy in 1979, but by 1982, the government faced an economic crisis, characterized by inflation, budget deficits, a falling currency, mounting debt service, and uncompetitive industries.

In the 1984 elections there was no clear majority in the national congress, and the Conservative Leon Febres Cordero became president on a promise of ‘bread, roofs, and jobs’. In 1985 he won a majority in congress when five opposition members shifted their allegiance to him.

In 1988, Rodrigo Borja of the Democratic Left (ID) party won the presidency. His government was committed to improving human rights protection and carried out some reforms, notably an opening of Ecuador to foreign trade.

The Borja government concluded an accord leading to the disbanding of the small terrorist group, "Alfaro Lives." In 1992, Sixto Duran-Ballen won in his third run for the presidency. His government succeeded in pushing a limited number of modernization initiatives through Congress.

The Ecuador's war with Peru

Duran-Ballen's vice president, Alberto Dahik, was the architect of the administration's economic policies, but in 1995, Dahik fled the country to avoid prosecution on corruption charges following a heated political battle with the opposition. A war with Peru erupted in January-February 1995 in a small, remote region where the boundary prescribed by the 1942 Rio Protocol was in dispute.  Ballen is succeeded by Abdala Bucaram. He is the worst president ever in the history of this small nation.

Christina Aguilera

Cristina Aguilera parents were born in Ecuador

Corruption was his trade mark and quite frankly he was an embarrassment for the entire nation. A war with Peru erupted in January-February 1995 in a small, remote region where the boundary prescribed by the 1942 Rio Protocol was in dispute. 

Ballen is succeeded by Abdala Bucaram. He is the worst president ever in the history of this small nation. Corruption was his trade mark and quite frankly he was an embarrassment for the entire nation. continues...

Ecuadorian girl in Salinas Ecuador

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