Ecuador: economía y política de la revolución ciudadana, evaluación preliminar/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. The authors have als...

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Bibliographic Details
Published in:Apuntes del CENES 2014-07, Vol.33 (58), p.109
Main Author: Luna, Guillermo Alexander Arévalo
Format: Article
Language:Spanish
Subjects:
Economic growth
Fiscal policy
Millennials
Online Access:Get full text
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Summary: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. The authors have also reviewed 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 article concludes that dollarization was the key factor to help fiscal policy to obtain economic and social development.
ISSN:0120-3053
2256-5779