Ecuador: Selected Issues

International Monetary Fund

No 2006/103, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper analyzes economic performance of Ecuador under dollarization. The paper reviews the principal trade-offs normally associated with official dollarization, and their specific relevance to Ecuador. It discusses Ecuador’s performance under the dollarization regime, highlighting the country’s main achievements and challenges in the macroeconomic and structural areas. The paper draws some conclusions and discusses what dollarization implies for Ecuador’s reform agenda in the future. The paper also assesses sustainability of Ecuador’s fiscal policy and explores criteria that could guide the setting of fiscal policy in the future.

Keywords: ISCR; CR; Ecuador; debt; GDP; dollarization regime; bank profit; Ecuadoran bank; credit risk; oil GDP; bank client; central bank; adoption of dollarization; Exports; Dollarization; Oil; gas and mining taxes; Central America; Western Hemisphere; Global (search for similar items in EconPapers)
Pages: 83
Date: 2006-03-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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