REPORT EcuadorGlobalization and TradeLatin America and the CaribbeanWorld

Update on the Ecuadorian Economy

June 2009, Mark Weisbrot and Luis Sandoval

This paper provides an overview of major macroeconomic and social indicators and policy changes in Ecuador over the two and a half years since President Rafael Correa took office in January 2007, including economic growth, social spending, fiscal policy, inflation, foreign debt, the trade balance, and various policy changes as well as the recent impacts of the world recession.

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