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Semestre Económico
versión impresa ISSN 0120-6346
Resumen
NARANJO CHIRIBOGA, Marco P.. IMPACT OF THE DOLLARIZATION ON THE ECUADORIAN ECONOMY, 2000 - 2015. Semest. Econ. [online]. 2018, vol.21, n.46, pp.95-122. ISSN 0120-6346. https://doi.org/10.22395/seec.v21n46a4.
The goal of this paper is to analyze the impact of the official dollarization on the evolution of the main macroeconomic indicators in Ecuador since 2000 to 2015. To do this, a comparative analysis of the functioning of the Ecuadorian economy before and after the official dollarization is carried out. It is found that this new system that imposes monetary rigidity and clear limits to discretion, has caused a remarkable macroeconomic stability, sustained growth, recovery of income, and a reduction of poverty.
JEL CLASSIFICATION:
E42, E52, O40.
CONTENT:
Introduction; 1. Conceptual Background; 2. The Eighties and Nineties: Two Lost Decades; 3. Sixteen Years of Dollarization in Ecuador: An Initial Account; 4. Conclusions; Bibliography.
Palabras clave : Dollarization; monetary system; monetary policy; economic growth; Ecuador.
