Earlier this month, Colombia held a historic parliamentary election, as it included candidates from the former militarized guerrilla group, the Revolutionary Armed Forces of Colombia (FARC). The success of the election and its results may be a projection of the upcoming presidential election at the end of May, as well as a hint to outside investors of the country’s ability to maintain a stable economic sphere.
On Sunday, incumbent Colombian president Juan Manuel Santos won re-election. Santos defeated his run-off opponent, fellow conservative Oscar Ivan Zuluaga 51% to 45%.1 His victory was a comeback in nature, after emerging from the first round 500,000 votes behind Zuluaga. Yet on June 15th, Santos won by almost one million votes.2
On June 15, 2014, elections were held for the second time in Colombia in two months to determine who would serve as president for the next four years. Colombian elections, like presidential elections in many Latin American countries, take place in two rounds, if no winner can secure over 50% of the votes in the first round. In 2014, the current president, Juan Manuel Santos, of the center-right Party of the U, faced off against four challengers: Óscar Iván Zuluaga, of the Democratic Center; Clara López Obregón, of the Polo Democrático Alternativo; Marta Lucía Ram