Ecuador: Selected Issues and Statistical Annex

October 18, 2000

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Format: Chicago

Ecuador: Selected Issues and Statistical Annex, (USA: International Monetary Fund, 2000) accessed November 22, 2024

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.

Subject: Asset and liability management, Banking, Commercial banks, Financial crises, Financial institutions, Fiscal policy, Labor, Liquidity, National accounts, Personal income

Keywords: Bank, Caribbean, Commercial banks, CR, Ecuador, Ecuador income share, Fund staff estimate, Global, ISCR, Liquidity, Pay, Personal income, Rate, Tariff rate, TFP contribution, WTO tariff ceiling

Publication Details

Pages:

149
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/125
Stock No:

1ECUEA0012000
ISBN:

9781451811773
ISSN:

1934-7685

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