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...

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Main Author: Arevalo Luna, Guillermo Alexander
Format: Online
Language:spa
eng
Published: Universidad Pedagógica y Tecnológica de Colombia 2014
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/3104
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author Arevalo Luna, Guillermo Alexander
author_facet Arevalo Luna, Guillermo Alexander
author_sort Arevalo Luna, Guillermo Alexander
collection OJS
description 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.
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spelling oai:oai.revistas.uptc.edu.co:article-31042022-06-17T21:33:56Z Ecuador: economics and politics of citizen revolution, preliminary assessment Ecuador: economía y política de la revolución ciudadana, evaluación preliminar Arevalo Luna, Guillermo Alexander Dollarization stabilization inflation growth social spending fiscal policy. Dolarización estabilización inflación crecimiento gasto social política fiscal. 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. Este artículo analiza algunos hechos derivados del programa de dolarización llevado a cabo en 2000 y sus efectos positivos en la estabilización macroeconómica del Ecuador, la reducción de la inflación, la tasa de interés y su impacto en la inversión, así como el crecimiento económico y la reducción de la pobreza. También revisa el gasto fiscal en infraestructura económica y social, como variable complementaria de la política económica para promover el empleo, el crecimiento económico y el bienestar general de la población. El estudio concluye que la dolarización fue el soporte inicial que ayudó a la política fiscal a la obtención de importantes logros en materia de desarrollo económico y social.  Universidad Pedagógica y Tecnológica de Colombia 2014-11-28 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf text/html application/pdf https://revistas.uptc.edu.co/index.php/cenes/article/view/3104 10.19053/22565779.3104 Apuntes del Cenes; Volumen 33 N° 58: julio - diciembre de 2014; 109-134 Apuntes del Cenes; Volumen 33 N° 58: julio - diciembre de 2014; 109-134 2256-5779 0120-3053 spa eng https://revistas.uptc.edu.co/index.php/cenes/article/view/3104/2809 https://revistas.uptc.edu.co/index.php/cenes/article/view/3104/5112 https://revistas.uptc.edu.co/index.php/cenes/article/view/3104/5147 Copyright (c) 2014 Guillermo Alexander Arevalo Luna http://creativecommons.org/licenses/by-nc-sa/4.0
spellingShingle Dollarization
stabilization
inflation
growth
social spending
fiscal policy.
Dolarización
estabilización
inflación
crecimiento
gasto social política fiscal.
Arevalo Luna, Guillermo Alexander
Ecuador: economics and politics of citizen revolution, preliminary assessment
title Ecuador: economics and politics of citizen revolution, preliminary assessment
title_alt Ecuador: economía y política de la revolución ciudadana, evaluación preliminar
title_full Ecuador: economics and politics of citizen revolution, preliminary assessment
title_fullStr Ecuador: economics and politics of citizen revolution, preliminary assessment
title_full_unstemmed Ecuador: economics and politics of citizen revolution, preliminary assessment
title_short Ecuador: economics and politics of citizen revolution, preliminary assessment
title_sort ecuador economics and politics of citizen revolution preliminary assessment
topic Dollarization
stabilization
inflation
growth
social spending
fiscal policy.
Dolarización
estabilización
inflación
crecimiento
gasto social política fiscal.
topic_facet Dollarization
stabilization
inflation
growth
social spending
fiscal policy.
Dolarización
estabilización
inflación
crecimiento
gasto social política fiscal.
url https://revistas.uptc.edu.co/index.php/cenes/article/view/3104
work_keys_str_mv AT arevalolunaguillermoalexander ecuadoreconomicsandpoliticsofcitizenrevolutionpreliminaryassessment
AT arevalolunaguillermoalexander ecuadoreconomiaypoliticadelarevolucionciudadanaevaluacionpreliminar