• 2026.03.22 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
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

  • Florida Legislature Passes Bill to Rename Palm Beach Airport After Donald J. Trump

  • BMW CEO Warns: Ignoring China Threatens the Future of German Automakers

  • China’s Strategic Gold Rush: Beijing Amasses Reserves for 16th Straight Month Amid Dollar Uncertainty

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

Comments 0

Weekly Hot Issue

  • Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year
  • HP Targets Korea as Strategic Hub for 'Edge AI' Expansion, Seeking Startup Partnerships
  • Pearl Abyss’s 'Crimson Desert' Shatters Records with 2 Million Copies Sold on Day One
  • "BTS Over Books?" Indian Academies Issue Emergency Notices as Students Plot Mass Absences for Comeback Live
  • Naver to Shut Down Men's Fashion Service 'MR.' to Launch Expanded AI-Driven Fashion Platform
  • JBNU and SKKU Researchers Achieve Breakthrough in "Dream Material" MXene, Setting New World Records in Performance

Most Viewed

1
An Open Letter to BTS On the Eve of a Historic Performance
2
From Industrial Capital to Tourism Mecca... Ulsan Makes a Bold Move with ‘Experiential Content’ in 2026
3
Ko Sang-goo, President of World Federation of Korean Associations, Elected as First Private Sector Chair of World Korean Community Leaders Convention
4
It is Time for BTS’s Fandom, ARMY, to Step Forward
5
Korean Stock Market Plunges: Circuit Breaker and Sidecar Triggered Amid Geopolitical Crisis
광고문의
임시1
임시3
임시2

Hot Issue

Vishay Unveils Ultra-Compact 0404 RGB LED with Independent Chip Control for Enhanced Color Precision

Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year

AI Medical Ecosystem in Focus: KIMES 2026 Opens in Seoul as Global Healthcare Hub

Netanyahu Declares Decisive Blow to Iran’s Nuclear and Missile Programs, Signals Early End to War

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
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers