The Dollarization Process in Ecuador: Adoption History and Macroeconomic Performance Till 2006 - Eduardo Suarez-cruz - Livros - VDM Verlag Dr. Müller - 9783639365139 - 23 de junho de 2011
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The Dollarization Process in Ecuador: Adoption History and Macroeconomic Performance Till 2006

Eduardo Suarez-cruz

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The Dollarization Process in Ecuador: Adoption History and Macroeconomic Performance Till 2006

This master thesis studies how institutional weaknesses, high financial Dollarization, and acute economic crisis determined the dynamics of official Dollarization in Ecuador. Accordingly, this work covers the available theory of Dollarization, the crisis period up to 2000 when the Ecuadoran government adopted the U. S. dollar as legal tender and the evolution of Ecuadoran economy since then till 2006. This work aims at contributing to a better understanding of this crisis, which has so far received little attention in economic literature, probably because of Ecuador's relatively low importance among developing and emerging countries. Still, the experience of Ecuador with Dollarization is of interest for the rest of Latin American countries and other emerging economies wrestling with the adoption of sound monetary policy in a world of increased financial integration but also volatility and instability. Economics students and interested readers will find appealing material for reflections on Dollarization and macroeconomic policy in the absence of monetary tools.

Mídia Livros     Paperback Book   (Livro de capa flexível e brochura)
Lançado 23 de junho de 2011
ISBN13 9783639365139
Editoras VDM Verlag Dr. Müller
Páginas 132
Dimensões 150 × 8 × 226 mm   ·   204 g
Idioma English