Dollarization and Semi-Dollarization in Ecuador

Over the 1980s and 1990s, GDP growth had stagnated because of oil export price volatility and natural disasters, the sacrifice of capital formation to heavy external public debt service, and incomplete and uneven structural reform. The exchange rat...

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Bibliographic Details
Main Author:	Beckerman, Paul
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	BANK DEPOSITS BANK FAILURES BANK LOANS BANK PERFORMANCE BANK SAFETY BANKING SUPERVISION BANKING SYSTEM BANKS BONDS BUDGET FORMULATION CAPITAL MOBILITY CAPITAL PROJECTS CD CENTRAL BANK COMMERCIAL BANKS CONNECTED LENDING CORPORATE INCOME TAX DEBT DEBT SERVICE DECENTRALIZATION DEFICITS DEPOSIT ACCOUNTS DEVALUATION DOMESTIC BORROWING ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC PERFORMANCE ELECTRICITY ELECTRICITY GENERATION EMERGING MARKETS EMPLOYMENT EQUITY MARKETS EXCHANGE RATE EXPORTS EXTREME POVERTY FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL PLANNING FINANCIAL SECTOR FINANCIAL TRANSACTIONS FISCAL DISCIPLINE FISCAL SURPLUS FOREIGN EXCHANGE GDP GDP DEFLATOR GLOBALIZATION GROSS FIXED CAPITAL FORMATION GROWTH RATE HOUSING ILLIQUIDITY IMPORTS INCENTIVE EFFECTS INCOME INDEXATION INFLATION INSURANCE INTEREST RATES INTERNATIONAL RESERVES LABOR MARKETS LEGISLATION LIQUIDATION LIQUIDITY LIQUIDITY CREATION M2 MACROECONOMIC ADJUSTMENT MACROECONOMIC POLICY MARKET POWER MONEY SUPPLY MULTIPLIER EFFECTS NATIONAL GOVERNMENTS NET EXPORTS NET IMPORTS OIL PAYMENTS ARREARS PENSIONS PORTFOLIOS PRIVATE CONSUMPTION PRIVATE SECTOR PRIVATIZATION PROPERTY VALUES PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC FUNDS PUBLIC SECTOR PURCHASING POWER REAL GDP REORGANIZATION SAVINGS SOCIAL SERVICES SOCIAL WELFARE STRUCTURAL ADJUSTMENT TAX TAX ADMINISTRATION TAX REFORM TAX REVENUE TAXATION TELECOMMUNICATIONS TIME DEPOSITS TRANSPORT TREASURY UNDERLYING PROBLEM UNDERVALUATION WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2001/07/1552023/dollarization-semi-dollarization-ecuador http://hdl.handle.net/10986/19595

Internet

http://documents.worldbank.org/curated/en/2001/07/1552023/dollarization-semi-dollarization-ecuador
http://hdl.handle.net/10986/19595

Dollarization and Semi-Dollarization in Ecuador

Internet

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