Correa
won
57%
of
the
vote
compared
to
23%
for
his
nearest
opponent
Guillermo
Lasso,
a
former
banker,
Dow
Jones
reported.
The
re-election
of
Correa,
who
took
office
in
2007
and
is
already
the
country's
longest-serving
leader
in
decades,
will
put
him
in
power
for
a
third
term,
or
four
more
years.
A
significant
increase
in
oil
revenue
allowed
Correa
to
maintain
strong
levels
of
subsidies
and
public
spending
to
build
hospitals,
roads
and
schools,
helping
him
build
a
robust
base
of
supporters.
Correa,
a
49-year-old,
US-educated
economist,
has
made
real
progress
in
developing…
