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Crisis and Dollarization in Ecuador : Stability, Growth, and Social Equity

Author

Listed:
  • Paul Beckerman
  • Andres Solimano

Abstract

Early in 2000, Ecuador, confronted with a serious economic crisis, adopted the US dollar as its national currency, This book examines the conditions that led to this action, describing the repeated cycles of crisis and failed stabilization that fatally undermined confidence in the Ecuadorian sucre. The book then analyzes dollarization's initial results and its effects on inflation, growth, poverty, inequality, marginalization, gender, and the Ecuadoran family. It also puts the Ecuadoran experience with dollarization in an international perspective.

Suggested Citation

  • Paul Beckerman & Andres Solimano, 2002. "Crisis and Dollarization in Ecuador : Stability, Growth, and Social Equity," World Bank Publications - Books, The World Bank Group, number 14256.
    • Handle: RePEc:wbk:wbpubs:14256
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    Citations

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    Cited by:

    1. López-Cálix, José R. & Melo, Alberto & Tinsley, Elaine & Calvo, Sara, 2005. "Creating Fiscal Space for Poverty Reduction in Ecuador: A Fiscal Management and Public Expenditure Review," IDB Publications (Books), Inter-American Development Bank, number 371, November.
    2. World Bank, 2005. "Ecuador : Investment Climate Assessment," World Bank Publications - Reports 8571, The World Bank Group.
    3. World Bank, 2004. "Ecuador : Poverty Assessment," World Bank Publications - Reports 14593, The World Bank Group.
    4. Mar𨁌orena Mar𑁥l Cristo & Marta G -Puig, 2013. "Pass-through in dollarized countries: should Ecuador abandon the US dollar?," Applied Economics, Taylor & Francis Journals, vol. 45(31), pages 4395-4411, November.
    5. Ranjini L. Thaver & Christina Bova, 2014. "An Estimation of Ecuador's Export Demand Function with the US," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 8(1), pages 89-102.
    6. José R. López-Cálix & Alberto Melo & Elaine Tinsley & Sara Calvo, 2005. "Creating Fiscal Space for Poverty Reduction in Ecuador: A Fiscal Management and Public Expenditure Review," IDB Publications (Books), Inter-American Development Bank, number 60858, February.
    7. Metrick, Andrew, 2022. "Blanket Guarantees Survey," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 4(4), pages 103-132, April.
    8. Roberto Frankel & Martín Rapetti, 2010. "A Concise History of Exchange Rate Regimes in Latin America," CEPR Reports and Issue Briefs 2010-11, Center for Economic and Policy Research (CEPR).
    9. Nicoleta Bărbuță-Mișu & Tuna Can Güleç & Selim Duramaz & Florina Oana Virlanuta, 2020. "Determinants of Dollarization of Savings in the Turkish Economy," Sustainability, MDPI, vol. 12(15), pages 1-16, July.
    10. Kenneth P. Jameson, 2004. "Dollarization in Ecuador: A Post-Keynesian Analysis," Working Paper Series, Department of Economics, University of Utah 2004_05, University of Utah, Department of Economics.
    11. Cachanosky, Nicolás & Salter, Alexander W. & Savanti, Ignacio, 2022. "Can dollarization constrain a populist leader? The case of Rafael Correa in Ecuador," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 430-442.
    12. Matthew J. Zinsli, 2023. "Authorizing the ‘taste of place’ for Galápagos Islands coffee: scientific knowledge, development politics, and power in geographical indication implementation," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 40(2), pages 581-597, June.
    13. World Bank, 2004. "Ecuador - Creating Fiscal Space for Poverty Reduction : A Fiscal Management and Public Expenditure Review, Volume 1. Main Report," World Bank Publications - Reports 14515, The World Bank Group.
    14. World Bank, 2005. "Creating Fiscal Space for Poverty Reduction in Ecuador : A Fiscal Management and Public - Expenditure Review," World Bank Publications - Books, The World Bank Group, number 7296.

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