{
  "title": "Ecuador: Selected Issues",
  "publication": "IMF Staff Country Reports, December 19, 2024",
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  "summary": "This Selected Issues paper focuses on boosting sustainable growth in Ecuador. Ecuador’s economic growth has slowed over time. This paper assesses Ecuador’s growth performance and discusses strategies to revitalize it.",
  "sections": [
    {
      "heading": "Summary and focus",
      "content": "- This Selected Issues paper focuses on boosting sustainable growth in Ecuador.\n- Ecuador’s economic growth has slowed markedly since the 1990s, amid low investment, slowing employment growth, and anemic growth in total factor productivity (TFP) in the last decade.\n- The security crisis poses additional risks to the growth outlook."
    },
    {
      "heading": "Key findings on growth performance",
      "content": "- Growth has slowed over time, driven by:\n  - Low investment.\n  - Slowing employment growth.\n  - Anemic growth in total factor productivity (TFP) in the last decade.\n- Security deterioration is an added downside risk, including through the outflow of workers."
    },
    {
      "heading": "Policy recommendations and reform priorities",
      "content": "- Comprehensive reform strategy should focus on:\n  1. Improving the security situation and curbing the outflow of workers, including through job-rich opportunities for youth.\n  2. Revitalizing the business environment to attract investments.\n  3. Implementing reforms that can boost TFP.\n- A range of other important reforms that could help boost potential gross domestic product include:\n  - Lifting regulatory constraints in product and service markets.\n  - Addressing efficiency and governance problems within state-owned enterprises.\n  - Ensuring sufficient and reliant access to energy.\n  - Diversifying the economy for the climate transition."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subject: Bonds, Climate change, Climate finance, Commodities, Electricity, Environment, Financial institutions, Gender, Women\n- Keywords: B. climate finance trend, Bonds, Caribbean, Climate change, Climate finance, climate FINANCING Needs, D. policy option, Electricity, electricity production, Global, IMF staff calculation, Women\n\n---\n\n Content in this bundle\n\n- Ecuador: Selected Issues; IMF Country Report No. 24/358; December 9, 2024\n  - Ecuador: Selected Issues; IMF Country Report No. 24/358; December 9, 2024 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Ecuador: Selected Issues; IMF Country Report No. 24/358; December 9, 2024 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 19, 2024",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798400297724.002",
    "This Selected Issues paper focuses on boosting sustainable growth in Ecuador.",
    "Ecuador’s economic growth has slowed markedly since the 1990s, amid low investment, slowing employment growth, and anemic growth in total factor productivity (TFP) in the last decade.",
    "The security crisis poses additional risks to the growth outlook.",
    "Growth has slowed over time, driven by:",
    "Security deterioration is an added downside risk, including through the outflow of workers.",
    "Comprehensive reform strategy should focus on:",
    "A range of other important reforms that could help boost potential gross domestic product include:",
    "Subject: Bonds, Climate change, Climate finance, Commodities, Electricity, Environment, Financial institutions, Gender, Women",
    "Keywords: B. climate finance trend, Bonds, Caribbean, Climate change, Climate finance, climate FINANCING Needs, D. policy option, Electricity, electricity production, Global, IMF staff calculation, Women",
    "**Ecuador: Selected Issues; IMF Country Report No. 24/358; December 9, 2024**"
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