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Significance

The economic power of both Santa Cruz (Bolivia) and Guayaquil (Ecuador) has long had important and sometimes destabilising impacts on national politics. Ecuador and Bolivia are unusual in Latin America in the strength of regional political pressures.

Impacts

Regionalism will remain more confrontational in Bolivia than in Ecuador.

Arce will broadly respect the economic autonomy of Santa Cruz and avoid confrontational policies such as land reform.

A Lasso presidency in Ecuador would reassure the business community and strengthen a liberal economic regime.

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