Ecuador's Crisis and Dollarization
stability, growth, and social equity
|Subject||BUSINESS & ECONOMICS -- Economics -- Macroeconomics. -- bisacsh
Currency question -- Ecuador.
Currency question. -- fast -- (OCoLC)fst00885329
Dollar, American. -- fast -- (OCoLC)fst00896439
Dollarization -- Ecuador.
Dollarization. -- fast -- (OCoLC)fst01744651
Economic history. -- fast -- (OCoLC)fst00901974
Geschichte 1998-2001. -- swd
Gesellschaft. -- swd
Monetary policy -- Ecuador.
Monetary policy. -- fast -- (OCoLC)fst01025230
POLITICAL SCIENCE -- Economic Conditions. -- bisacsh
Social conditions -- fast -- (OCoLC)fst01919811
Wirtschaftskrise. -- swd
Women -- Economic conditions. -- fast -- (OCoLC)fst01176665
Women -- Ecuador -- Economic conditions.
Early in 2000, Ecuador, in response to a serious economic and governance crisis, adopted the U.S. dollar as its national currency. This publication examines the economic conditions leading upto this action (including rising inflation, government intervention in the banking system and large fiscal deficits), describing the repeated cycles of crisis and failed stabilisation that fatally undermined confidence in the Ecuadoran sucre. It then goes on to analyse the initial results and its effects on inflation, growth, poverty, inequality, marginalisation and gender, as well as placing Ecuador's experience with dollarisation in an international perspective.