Luis Arce: Bolivia's new president credited for its socialist growth 'miracle'


  • World
  • Thursday, 22 Oct 2020

FILE PHOTO: Luis Arce, the presidential candidate of the Movement to Socialism party (MAS), poses for a photo during an interview with Reuters in La Paz, Bolivia October 20, 2020. REUTERS/Ueslei Marcelino

LA PAZ (Reuters) - Luis Arce, the quiet economist who will take over as Bolivia's president next month after a landslide election win, knew where he stood in the political spectrum as a young teenager in La Paz, when he picked up the writings of German philosopher Karl Marx.

Arce steered the Andean country's economy for over a decade under former leader Evo Morales, an ebullient leftist who resigned last year after an election dogged by disputed claims of fraud sparked widespread protests. Arce was often seen as a moderating influence to more radical elements in Morales' Movement towards Socialism (MAS) party.

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