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Crisis and dollarization in Ecuador : stability, growth, and social equity / / Paul Beckerman and Andres Solimano, editors



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Titolo: Crisis and dollarization in Ecuador : stability, growth, and social equity / / Paul Beckerman and Andres Solimano, editors Visualizza cluster
Pubblicazione: Washington, D.C., : World Bank, c2002
Edizione: 1st ed.
Descrizione fisica: xii, 215 pages : illustrations ; ; 23 cm
Disciplina: 339.5/3/09866
Soggetto topico: Monetary policy - Ecuador
Currency question - Ecuador
Dollar, American
Women - Ecuador - Economic conditions
Soggetto geografico: Ecuador Economic conditions 1972-
Ecuador Social conditions
Altri autori: BeckermanPaul Ely  
SolimanoAndres  
Note generali: Bibliographic Level Mode of Issuance: Monograph
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: 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.
Sommario/riassunto: 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.
Titolo autorizzato: Crisis and dollarization in Ecuador  Visualizza cluster
ISBN: 1-280-08777-3
9786610087778
0-585-45049-8
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910956551803321
Lo trovi qui: Univ. Federico II
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Serie: Directions in development (Washington, D.C.)