Taking office in January 2007, he sought to move away from Ecuador's neoliberal economic model by reducing the influence of the World Bank and International Monetary Fund. Returning to Ecuador, in 2005 he became the Minister for the Economy under President Alfredo Palacio, successfully lobbying Congress for increased spending on health and education projects.Ĭorrea won the presidency in the 2006 general election on a platform criticizing the established political elites.
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Internationally, he served as president pro tempore of the UNASUR.īorn to a lower middle-class mestizo family in Guayaquil, Correa studied economics at the Universidad Católica de Santiago de Guayaquil, the University of Louvain (UCLouvain), and the University of Illinois, where he received his PhD. The leader of the PAIS Alliance political movement from its foundation until 2017, Correa is a democratic socialist and his administration focused on the implementation of left-wing policies. Rafael Vicente Correa Delgado ( Spanish pronunciation: born 6 April 1963) is an Ecuadorian politician and economist who served as President of Ecuador from 2007 to 2017.
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