Ecuador : Selected Issues and Statistical Annex

Author/Editor:

International Monetary Fund

Publication Date:

October 18, 2000

Electronic Access:

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Summary:

The crisis in the banking sector was one of the major contributing factors that led Ecuador to abandon its own currency and introduce the U.S. dollar as legal tender. However, to illustrate the weak growth performance of the country, it is necessary to examine the structural weaknesses in the labor market, the tax system, and the trade system. These weaknesses resulted in the increase in poverty and inequality. This paper provides a brief summary of recent economic developments and statistical data on economic indices of Ecuador.

Series:

Country Report No. 00/125

Subject:

Frequency:

Biannually

English

Publication Date:

October 18, 2000

ISBN/ISSN:

9781451811773/1934-7685

Stock No:

1ECUEA0012000

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

149

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