Crisis and dollarization in Ecuador
Subtitle: stability, growth, and social equity
By: Paul Beckerman and Andrés Solimano, editors
Contributors: Beckerman, Paul Ely; Solimano, Andrés
Series: Directions in development; Directions in development (Washington, D.C.)
Publisher: World Bank
Published: 2002
Place of publication: Washington, D.C
Language: eng
Number of pages: 215
Subjects: Monetary policy -- Ecuador; Currency question -- Ecuador; Dollar, American; Women -- Ecuador -- Economic conditions; Ecuador -- Economic conditions -- 1972-; Ecuador -- Social conditions
Description: "Early in 2000, Ecuador, confronted with a serious economic crisis, adopted the U.S. dollar as its national currency. Crisis and Dollarization in Ecuador examines the conditions that led to this action, describing the repeated cycles of crisis and failed stabilization that fatally undermined confidence in the Ecuadoran 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. Economists, policymakers, and anyone with a serious interest in Latin American affairs will find this book invaluable."--Cover.
Notes: Includes bibliographical references
Table of contents: title: Crisis and dollarization : an overview / Andrés Solimano; title: Longer-term origins of Ecuador's "Predollarization" crisis / Paul Beckerman; title: Ecuador under dollarization : opportunities and risks / Paul Beckerman and Hernán Cortés-Douglas; title: Ecuador : crisis, poverty, and social protection / Suhas Parandekar, Rob Vos, and Donald Winkler; title: Gender dimensions of vulnerability to exogenous shocks : the case of Ecuador / Maria Correia