IMF Staff Country Reports

Ecuador: Selected Issues

March 10, 2006

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Ecuador: Selected Issues, (USA: International Monetary Fund, 2006) accessed September 18, 2024

Summary

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.

Subject: Dollarization, Exports, Fiscal policy, International trade, Monetary policy, Oil, gas and mining taxes, Public debt, Taxes

Keywords: Adoption of dollarization, Bank client, Bank profit, Central America, Central bank, CR, Credit risk, Debt, Dollarization, Dollarization regime, Ecuador, Ecuadoran bank, Exports, Gas and mining taxes, GDP, Global, ISCR, Oil, Oil GDP, Western Hemisphere

Publication Details

  • Pages:

    83

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/103

  • Stock No:

    1ECUEA2006002

  • ISBN:

    9781451811834

  • ISSN:

    1934-7685