Ecuador: Take it to the Limit

Stivelberg, Camilla
January 2007
Latin Trade (English);Jan2007, Vol. 15 Issue 1, p44
The article discusses the economic indicators of Ecuador. The economy of the country is very dependent on oil exports, wherein crude accounts for 40% of the sales abroad and is a big component in the trade balance of the country. Among the factors that may attribute to the slow growth of the economy are the lack of refining technology and weak economic policies. Analysts added that other factors may include stagnation in the process dollarizing the economy.


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