Ecuador's President Rafael Correa meets with the foreign press in Quito, Ecuador, Wednesday, Feb. 22, 2017, after general elections over the weekend. A self-declared "21st century socialist," Correa was elected president in 2007 and he won praise for ushering in stability for Ecuador after a severe economic crisis that saw three presidents toppled by street protests and the adoption of the U.S. dollar to control rampant inflation.
Ecuador's President Rafael Correa meets with the foreign press in Quito, Ecuador, Wednesday, Feb. 22, 2017, after general elections over the weekend. A self-declared "21st century socialist," Correa was elected president in 2007 and he won praise for ushering in stability for Ecuador after a severe economic crisis that saw three presidents toppled by street protests and the adoption of the U.S. dollar to control rampant inflation. Dolores Ochoa AP
Ecuador's President Rafael Correa meets with the foreign press in Quito, Ecuador, Wednesday, Feb. 22, 2017, after general elections over the weekend. A self-declared "21st century socialist," Correa was elected president in 2007 and he won praise for ushering in stability for Ecuador after a severe economic crisis that saw three presidents toppled by street protests and the adoption of the U.S. dollar to control rampant inflation. Dolores Ochoa AP

Correa’s ‘economic miracle’ in Ecuador was actually a monumental sham

March 03, 2017 7:00 AM

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About Andres Oppenheimer

Andres Oppenheimer

@oppenheimera

Andres Oppenheimer is a syndicated columnist, and anchor of the TV Show "Oppenheimer Presenta." He is a member of the Miami Herald team that won the 1987 Pulitzer Prize.