ocr: After years ofsocial democracy, Ecuador tollowed the rest ofLatin America in 1992 and votedfor a right-wing, privatizing goverment dedicatedto tackling inflation, which until 1993 had: hovered at around 50% for over a lecade. The major parties - are fairly evenly balancedin terms ofpolitical power, and coalition arrangements on specific items ofpolicy are common. The military still has considerable political intluence as well as large shareholdings in business.
