Bolivia: New Voice of Moderation

Bolivian politics is a game of Byzantine intrigue in which only the master of sly maneuver can hope to survive. In and out of office, the master for the past dozen years has been moderate President VĂ­ctor Paz Estenssoro, 56, a pale, impassive economist whose term ends this year. After fending off successive threats from an old foe on the far left and a rising political figure on the right, Paz has now paved the way for almost certain re-election in May.

Saved by the Wings. The first challenge came from ambitious Juan...

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