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Ecuador’s Economy Since 2007

Author

Listed:
  • Mark Weisbrot
  • Jake Johnston
  • Stephan Lefebvre

Abstract

This paper looks at Ecuador’s financial and regulatory reforms during the past five years, perhaps the most comprehensive of any country in the 21st century: taking control over the central bank, regulating capital outflows, taxing the financial sector, encouraging domestic investment and co-operatives, and protecting consumers.

Suggested Citation

  • Mark Weisbrot & Jake Johnston & Stephan Lefebvre, 2013. "Ecuador’s Economy Since 2007," CEPR Reports and Issue Briefs 2013-06, Center for Economic and Policy Research (CEPR).
    • Handle: RePEc:epo:papers:2013-06
    as

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    File URL: http://www.cepr.net/documents/publications/ecuador-2013-02.pdf
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    References listed on IDEAS

    as
    1. Gerald Epstein, 2006. "Central Banks as Agents of Economic Development," WIDER Working Paper Series RP2006-54, World Institute for Development Economic Research (UNU-WIDER).
    2. Dean Baker, 2011. "The End of Loser Liberalism: Making Markets Progressive," CEPR Books, Center for Economic and Policy Research (CEPR), number 2011-01.
    3. Mark Weisbrot & Luis Sandoval, 2006. "Brazil's Presidential Election: Background on Economic Issues," CEPR Reports and Issue Briefs 2006-24, Center for Economic and Policy Research (CEPR).
    4. Alesina, Alberto & Summers, Lawrence H, 1993. "Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 25(2), pages 151-162, May.
    5. Patricia S. Pollard, 1993. "Central bank independence and economic performance," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 21-36.
    6. Mark Weisbrot & Luis Sandoval & Belén Cadena, 2006. "Ecuador's Presidential Election: Background on Economic Issues," CEPR Reports and Issue Briefs 2006-28, Center for Economic and Policy Research (CEPR).
    7. Mark Weisbrot & Luis Sandoval, 2009. "Update on the Ecuadorian Economy," CEPR Reports and Issue Briefs 2009-22, Center for Economic and Policy Research (CEPR).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Ecuador; economy; financial reform; macroeconomics;
    All these keywords.

    JEL classification:

    • F - International Economics
    • F1 - International Economics - - Trade
    • F2 - International Economics - - International Factor Movements and International Business
    • F3 - International Economics - - International Finance
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • I - Health, Education, and Welfare
    • I1 - Health, Education, and Welfare - - Health
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • O - Economic Development, Innovation, Technological Change, and Growth
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • E - Macroeconomics and Monetary Economics
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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