Ecuador: Selected Issues and Statistical Appendix
April 7, 2003
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This Selected Issues paper and Statistical Appendix analyzes Ecuador’s fiscal policy using the concepts of the fiscal stance and fiscal impulse adjusted for movements in the real effective exchange rate. It finds that fiscal policy has been expansionary in 2000 and 2001. The paper shows that the growth of gross fixed investment was relatively strong during the 1970s; thereafter it slowed, particularly in the public sector. The paper also explores the evolution of oil reserves in recent years and the projections for the medium term.
Subject: Asset and liability management, Banking, Commodities, Economic sectors, Fiscal policy, Liquidity, Oil, Public sector, Tariffs, Taxes
Keywords: capital stock, CR, deficit, draft law, Ecuador, import regime, ISCR, Liquidity, liquidity fund, net capital capital stock, OCP constitute FEIREP revenue, Oil, oil reserve, Public sector, Tariffs
Pages:
115
Volume:
2003
DOI:
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Issue:
091
Series:
Country Report No. 2003/091
Stock No:
1ECUEA0032003
ISBN:
9781451811803
ISSN:
1934-7685
