Analysis by Guillermo Villavicencio Molina
In less than two years, the Republic of Ecuador has gone from being a staunch and unwavering promoter of Bolivarian integration to becoming self-regulated by the neoliberal model. For ten years, Rafael Correa´s administration echoed the left policies promoted by Venezuelan Hugo Chavez and carried out a challenging reform in terms of foreign policy by overlooking institutions such as the IMF and World Bank in order to put Ecuador on the regional radar. Now, the current government is retracing the steps and looking forward to achieving a rapprochement with the US and international financial institutions. This paper is aimed at analyzing the reasons and events that led Lenin Moreno´s administration to completely change the Ecuadorian foreign policy.