More than 1,500 indigenous protesters last month brought Ecuador's capital city to a ""standstill"" over government plans to exploit natural resources in the Amazon region. The group alleges that President Rafael Correa has capitulated to free-market forces with policies opening up lands to mining and drilling that could ravage the Amazonian rainforest, while the administration counters that such measures are necessary for the country's economic development. How well is Correa handling discontent over natural resource extraction? Are such protests likely to hinder investment and development of the country's oil sector? What should both sides be doing differently to resolve these problems?
Re-posted with permission from the publishers as a PDF document as part of an Institutional Repository collection to aggregate energy policy, regulation, dialogue and educational materials.
Inter-American Dialogue's Latin American Energy Advisor. "Will social unrest affect investment in Ecuador's oil sector?." (2012). http://digitalrepository.unm.edu/la_energy_dialog/62