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Update on the Ecuadorian Economy

Author

Listed:
  • Mark Weisbrot
  • Luis Sandoval

Abstract

This paper provides an overview of major macroeconomic and social indicators and policy changes in Ecuador over the two and a half years since President Rafael Correa took office in January 2007, including economic growth, social spending, fiscal policy, inflation, foreign debt, the trade balance, and various policy changes as well as the recent impacts of the world recession.

Suggested Citation

  • Mark Weisbrot & Luis Sandoval, 2009. "Update on the Ecuadorian Economy," CEPR Reports and Issue Briefs 2009-22, Center for Economic and Policy Research (CEPR).
  • Handle: RePEc:epo:papers:2009-22
    as

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    File URL: http://www.cepr.net/documents/publications/ecuador-update-2009-06.pdf
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    References listed on IDEAS

    as
    1. Philip Arestis & Malcolm Sawyer, 2003. "Reinventing fiscal policy," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 26(1), pages 3-25.
    2. Mark Gertler & Jordi Gali & Richard Clarida, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1661-1707, December.
    3. International Monetary Fund, 2009. "Mexico; Arrangement Under the Flexible Credit Line: Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion," IMF Staff Country Reports 09/126, International Monetary Fund.
    4. Jose Antonio Cordero, 2008. "Economic growth under alternative monetary regimes: inflation targeting vs real exchange rate targeting," International Review of Applied Economics, Taylor & Francis Journals, vol. 22(2), pages 145-160.
    5. Gerald Epstein & Erinc Yeldan, 2008. "Inflation targeting, employment creation and economic development: assessing the impacts and policy alternatives," International Review of Applied Economics, Taylor & Francis Journals, pages 131-144.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Escribano, Gonzalo, 2013. "Ecuador's energy policy mix: Development versus conservation and nationalism with Chinese loans," Energy Policy, Elsevier, vol. 57(C), pages 152-159.
    2. María Lorena Mari del Cristo & Marta Gómez-Puig, 2014. "Dollarization and the relationship between EMBI and fundamentals Latin American countries," Working Papers 14-05, Asociación Española de Economía y Finanzas Internacionales.
    3. Lorena Mari del Cristo & Marta Gómez-Puig, 2014. "Dollarization and the relationship between EMBI and fundamentals in Latin American countries," Working Papers 2014-02, Universitat de Barcelona, UB Riskcenter.
    4. María Lorena Marí del Cristo & Marta Gómez-Puig, 2013. "“Fiscal sustainability and fiscal shocks in a dollarized and oil-exporting country: Ecuador”," IREA Working Papers 201306, University of Barcelona, Research Institute of Applied Economics, revised Apr 2013.
    5. Mark Weisbrot, 2013. "Economic growth: the great slowdown (1980-2000) and recovery (2000-2010)," Chapters,in: Capitalism on Trial, chapter 6 Edward Elgar Publishing.
    6. Rebecca Ray & Sara Kozameh, 2012. "Ecuador’s Economy Since 2007," CEPR Reports and Issue Briefs 2012-14, Center for Economic and Policy Research (CEPR).

    More about this item

    Keywords

    Ecuador; Correa;

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • I - Health, Education, and Welfare
    • I1 - Health, Education, and Welfare - - Health
    • I2 - Health, Education, and Welfare - - Education
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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