Bound Volume Number

Volume IV

Degree Type

Honors Capstone Project

Date of Submission

Spring 5-2016

Capstone Advisor

Thomas Perreault

Capstone Major

International Relations

Capstone College

Arts and Science

Audio/Visual Component



Yasuní-ITT case

Capstone Prize Winner


Won Capstone Funding


Honors Categories

Social Sciences

Subject Categories

International and Area Studies


© Haley Kulakowski 2016


This paper explores and challenges the development strategies of Rafael Correa in Ecuador and, more generally, the new Latin American left through the Yasuní-ITT case study. Claiming to implement a post-neoliberal development model that stands to uphold the principles of buen vivir, post-neoliberalism, and the 2008 Ecuadorean constitution, the Yasuní-ITT case study seems less like a commitment to the rights of the Pachamama and the rights of indigenous tribes, and more like a political tactic, the creation of a hollow narrative that positions the new Latin American left as anti-Northern, anti- IMF, and as “post-neoliberal.” In this thesis, I examine different data from the World Bank, US Energy Information Administration (EIA), IndexMundi, the Economic Commission for Latin America and the Caribbean (ECLAC), the Ecuadorean government, and other sources in order to determine changes under the Correa administration in oil and development strategies. I also use experts, and their research to drive my argument and further explore twenty-first century socialism. These sources and data will help prove that the Correa administration, and other Latin American leftist governments, are not providing a viable “post-neoliberal development strategy” but rather that the systems we see in place are a form of neo-extractivism, a system that continues to exploit hydrocarbons but with a larger state role.

Creative Commons License

Creative Commons Attribution 3.0 License
This work is licensed under a Creative Commons Attribution 3.0 License.



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