03473nam 22007334a 450 991095655180332120251117115333.01-280-08777-397866100877780-585-45049-810.1596/0-8213-4837-X(CKB)111087027992788(SSID)ssj0000333516(PQKBManifestationID)11295150(PQKBTitleCode)TC0000333516(PQKBWorkID)10377980(PQKB)10978536(MiAaPQ)EBC3050540(Au-PeEL)EBL3050540(CaPaEBR)ebr10023675(CaONFJC)MIL8777(OCoLC)52472868(The World Bank)2002026020(US-djbf)12823663(BIP)46127947(BIP)7595645(EXLCZ)9911108702799278820020619d2002 uf 0engurcn|||||||||txtrdacontentcrdamediacrrdacarrierCrisis and dollarization in Ecuador stability, growth, and social equity /Paul Beckerman and Andres Solimano, editors1st ed.Washington, D.C. World Bankc2002xii, 215 pages illustrations ;23 cmDirections in developmentBibliographic Level Mode of Issuance: Monograph0-8213-4837-X Includes bibliographical references.Intro -- Contents -- Preface -- Abbreviations -- 1 Crisis and Dollarization: An Overview -- 2 Longer- Term Origins of Ecuador's ÏPredollarizationÓ Crisis -- 3 Ecuador under Dollarization: Opportunities and Risks -- 4 Ecuador: Crisis, Poverty, and Social Protection -- 5 Gender Dimensions of Vulnerability to Exogenous Shocks: The Case of Ecuador.Early in 2000, Ecuador, confronted with a serious economic and governance crisis, adopted the U.S. dollar as its national currency. The economic situation was dire with high inflation, government intervention in the banking system including freezing of deposits to prevent further flight from the country, and large fiscal deficits. Politically, then President Mahaud was being challenged by a congressional lack of support for measures to stabilize the economic situation, a radicalised indigenous movement, and a restive armed forces. In this environment, and as a policy of last resort, the government decided to adopt the U.S. dollar as its currency. This book thoroughly examines the conditions in which this decision was made. It looks historically at Ecuador's economic and social structure and assesses the impact felt as a result of the decision.Directions in development (Washington, D.C.)Monetary policyEcuadorCurrency questionEcuadorDollar, AmericanWomenEcuadorEconomic conditionsEcuadorEconomic conditions1972-EcuadorSocial conditionsMonetary policyCurrency questionDollar, American.WomenEconomic conditions.339.5/3/09866Beckerman Paul Ely1861521Solimano Andres381461MiAaPQMiAaPQMiAaPQBOOK9910956551803321Crisis and dollarization in Ecuador4467654UNINA