U of I grad elected President of Ecuador
November 29, 2006
Rafael Correa has been named the winner of the presidential election in Ecuador.
Correa earned his PHD from the University of Illinois in 2001.
Support the Daily Illini in College Media Madness!
Help the Daily Illini take back the top spot in the College Media Madness fundraising competition! See the current ranking here.
Professor of Economics Werner Baer and former advisor of Correa says the president-elect respects private property and believes in a free market.
“He’s worried about Latin America in general and his country in particular. Obviously he wants to do something to improve the lot of the average citizen of his country,” Baer said. “He was always concerned about what happens to the distribution of income and how you can increase the benefits that lower income groups receive from society.”
Correa is the only U of I graduate ever to be elected president of a country.
His term is set to begin in January.
