Ecuador: economics and politics of citizen revolution, preliminary assessment

This article analyses some facts linked to dollarization program carried out in 2000 and its positive effects in macroeconomic stabilization of Ecuador, the reduction in inflation, interest rate and its impact on investment, as well as the economic growth and poverty reduction. We also review fisca...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Arevalo Luna, Guillermo Alexander
Μορφή: Online
Γλώσσα:spa
eng
Έκδοση: Universidad Pedagógica y Tecnológica de Colombia 2014
Θέματα:
Διαθέσιμο Online:https://revistas.uptc.edu.co/index.php/cenes/article/view/3104
Περιγραφή
Περίληψη:This article analyses some facts linked to dollarization program carried out in 2000 and its positive effects in macroeconomic stabilization of Ecuador, the reduction in inflation, interest rate and its impact on investment, as well as the economic growth and poverty reduction. We also review fiscal expenditure on social and economic infrastructure as additional variable of economic policy to promote economic growth, employment and general welfare of the population. This paper concludes that dollarization was the key factor to help fiscal policy to obtain economic and social development.