Crisis and dollarization in Ecuador : stability, growth, and social equity

著者

• Beckerman, Paul Ely
• Solimano, Andrés

書誌事項

Crisis and dollarization in Ecuador : stability, growth, and social equity

Paul Beckerman and Andrés Solimano, editors

（Directions in development）

World Bank, c2002

注記

Includes bibliographical references

内容説明・目次

内容説明

Early in 2000, Ecuador, confronted with a serious economic and governance crises, 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 radicalized 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.

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詳細情報

• NII書誌ID(NCID): BA58031841
• ISBN:
  • 082134837X
• 出版国コード: us
• タイトル言語コード: eng
• 本文言語コード: eng
• 出版地: Washington, D.C.
• ページ数/冊数: xii, 215 p.
• 大きさ: 23 cm
• 親書誌ID:
  • BA24435657