• 2025.10.20 (Mon)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > World

Bolivia Ends Two Decades of Leftist Rule as Centrist Paz Wins Presidential Election

Eugenio Rodolfo Sanabria Reporter / Updated : 2025-10-20 16:48:54
  • -
  • +
  • Print

La Paz, Bolivia - Rodrigo Paz (58), a centrist candidate from the Christian Democratic Party, has been elected as the new President of Bolivia (5-year term), securing 52.2% of the votes in the second round run-off held on October 19 (local time). The victory marks the end of nearly 20 years of continuous leftist rule in the nation, which began with the 2005 election.

The Supreme Electoral Tribunal announced that Paz defeated right-wing candidate Jorge Quiroga (65), who garnered 47.8% of the valid votes. Paz, a former mayor of Tarija and son of ex-President Jaime Paz Zamora, is classified by Western media as a centrist or center-right politician.

The decisive shift comes amid a systemic crisis for Bolivia, characterized by a state-led economic model, a shortage of US dollars, incompetence, and corruption—issues that led to a thorough rejection of the ruling Movement for Socialism (MAS) party by the electorate. The leftist MAS, under former presidents Evo Morales and Luis Arce, had been the dominant political force in the country.

Paz's administration is expected to favor a cautious and moderate approach, focusing on decentralizing government authority, promoting private sector growth, and maintaining social welfare programs. Critically, the new government is set to pivot in its foreign policy. Paz, who met with the Donald Trump administration during his campaign, has signaled a clear intent to move away from the previous pro-Russia and pro-China stance to strengthen ties and dialogue with the United States.

This foreign policy shift is drawing international attention, particularly given Bolivia’s critical position in the "Lithium Triangle" alongside Argentina and Chile. China has heavily invested in securing the country's mineral resources, making Bolivia a new focal point in the US-China geopolitical competition.

Paz, who takes office on November 8, with his term running until November 2030, stated after the vote, "A very unpleasant time is now over. Now is the time for change and innovation." The outcome also hints at a slow retreat of the "Pink Tide" of leftist governments in Latin America, where right-leaning politicians have recently gained power in several countries like Argentina, Ecuador, and El Salvador.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Samsung
  • #Daewoo
  • #Hyosung
  • #A
Eugenio Rodolfo Sanabria Reporter
Eugenio Rodolfo Sanabria Reporter

Popular articles

  • Beauty Queen's Reign Ends in a Day: Thai Pageant Winner Stripped of Crown Over Controversial Past Video

  • Plan International Launches Global Campaign to End Child Marriage on International Day of the Girl

  • A New Wave of High-Dividend ETFs: Combining Growth and Innovation

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065599288999610 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Korean Food Knocks on Costa Rica's Door with First Agri-Food Expo
  • Trump Vows End to Anti-Drug Aid to Colombia, Calling President a "Drug Lord"
  • Donald Trump Intensifies Pressure on Latin America Over Drugs, Aims for Regime Change
  • Running Enthusiasts Jin Tae-hyun and Park Si-eun Celebrate Adopted Daughter's 5th Place Finish at National Sports Festival
  • Four Daegu Districts Launch 'Cultural Heritage Exploration Team'
  • 'K-Pop Demon Hunters' Craze Fuels Flourishing Korean Street Food Festivals

Most Viewed

1
The Imminent Reality: Donald Trump's Unlikelihood for the Nobel Peace Prize as a Destroyer of International Order
2
"Trump's Delusion for the Nobel Peace Prize: The Award He Deserves is 'The NO PEACE Prize'"
3
Renewable Energy Covers 100% of Global Electricity Demand Growth in H1 2025, Marking a Turning Point in the Fossil Fuel Era
4
McDonald's 'Subtle Racism' Controversy: Korean American Denied Order After 70-Minute Wait
5
The U-Turn in Divorce: South Korea Sees a Surge in 'Twilight Divorces' Amid Overall Decline
광고문의
임시1
임시3
임시2

Hot Issue

Early Winter Chill Grips South Korea as Seoraksan Sees First Snow

South Korea's Per Capita GDP Slump: Taiwan Expected to Overtake for the First Time in 22 Years

Cargo Jet Overshoots Runway, Crashes into Sea at HK Airport; Two Ground Staff Killed

Seegene Medical Foundation Marks 35th Anniversary with Move to Cutting-Edge Seegene Medical Tower

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 세종시
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE