Sunday, November 20, 2011

Guatemala and Spain Elect Conservatives

    
     I have been posting about a popular global rightward shift in elections over the last two years. Sometimes, the shift toward the starboard side has been slight – so slight that the conservative candidate has occasionally lost the election by being unable to form a coalition, despite gaining a parliamentary plurality. Guatemala and Spain, however, have each confirmed the trend to the right in a decisive manner.

     In Guatemala earlier this month, voters returned the conservatives to power by electing former General Otto Perez Molina president. Molina was part of the regime charged with atrocities during the Guatemalan Civil War, but he has never personally been associated with any crimes. He was part of the team that negotiated the peace accords with the Communist rebels and he had a record of respecting the constitution and human rights. Molina’s campaign promise to crack down on crime appealed to Guatemalans beleaguered by crime. He will also have to work to improve his impoverished country’s budget.

     The results of the elections this weekend in Spain were even more dramatic. Spanish voters not only ousted the Socialists, but gave the conservatives a parliamentary majority. Conservative leader Mariano Rajoy will be able to become Prime Minister without having to form a coalition. He will also have a free hand to enact further austerity measures to avoid the need for Spain to be bailed out by the European Monetary Union. The Spanish economy has declined during Socialist rule, while Spain’s debt had risen until the adoption of the government’s austerity program. Having a parliamentary majority will give investors confidence that the incoming Spanish government can pass the necessary fiscal and economic reforms.

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