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Ecuador: Recent Economic Developments

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  • International Monetary Fund

Abstract

This paper describes economic developments in Ecuador during the 1990s. Inflation fell from an average of about 50 percent in 1988–92 to 22 percent in April 1995. Economic activity rebounded, and international reserves were rebuilt. Relations with foreign creditors were normalized through an “exit” Paris Club rescheduling in mid-1994 and the completion of a debt- and debt-service-reduction operation with external commercial creditors in early 1995 that was expected to facilitate the return to external viability.

Suggested Citation

  • International Monetary Fund, 1995. "Ecuador: Recent Economic Developments," IMF Staff Country Reports 1995/096, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1995/096
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=596
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    Cited by:

    1. Madani, Dorsati H., 2001. "South-South regional integration and industrial growth : the case of the Andean Pact," Policy Research Working Paper Series 2614, The World Bank.

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