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Written by Mauricio Pozo C.
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Wednesday, 26 July 2006 |
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An evaluation over the Ecuadorian economy from 2003 to March 2006 requires several antecedents. When the dollarization was officially adopted in January 2000, the country already had decided to choose a new currency. This happened because the devaluations of the sucre, and the high inflations took away any confidence from the national currency. It was in 2000 and 2001 when the economic policies allowed to gradually affirm the dollarization. Unfortunately, in the year 2002, the unusual growth of the public expenses made people doubt about the permanency of the exchange system. Additionally, this badly deteriorated the international image of the country, especially before international organisms. |
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Written by Franklin López Buenaño*
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Wednesday, 26 July 2006 |
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It is not new that one of the feelings that prevail in our countries is the dislike toward the entrepreneur. It has ideological foundations that come from Marx’s theory about the proletarian exploitation, and from Prebisch’s theory about dependency. It is odd that even though both theories have been falsified, some people still have the certainty and others at least the suspicion, that “the one that makes fortune” has done it by impoverishing others. |
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Written by FIE - News
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Wednesday, 12 July 2006 |
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“Latin America and Caribbean need to improve their business climate and recuperate their levels of investment in order to be competitive in correlation to other emergent regions of the world […] The mission of the private sector of the Americas is to unite inter-institutional efforts to implement solutions for development. It articulates civil organizations’ efforts, private sector, and international and government cooperation to build sustainable strategies of development, which are framed into a market of opportunities, and which generates economic and social profitability”. Ernesto Gutiérrez, President of the Private Sector of the Americas, April 11th, 2006". |
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Written by Pablo Lucio Paredes
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Wednesday, 12 July 2006 |
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The FTA is a crucial element of Ecuador’s present and future economical and social panorama. Not only the FTA (used as a general expression to refer to the agreement with United States), but the ftas that we should establish with other economical areas of the world. However, we should start with United States due to some reasons: it is the market where we export the highest percentage of our sales, it is the biggest market of the world, it is one of the few partners with whom we have positive commercial relationships, and we are complementary (they do what we need and vice versa). In the future, however, we should look for Europe, Asia and the rest of the world, including the other countries of our continent. |
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Written by Paul Tapia G.*
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Monday, 03 July 2006 |
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Let's say it clear and aloud: in the Ecuadorian state, the sovereignty is just a mask behind which the discretional power hides. This appendix of the military dictatorships goes eating away our democracy, our laws and our institutions in the accomplice silence of the politics’ black market. Behind the parapet called "sovereignty", the whim flourishes along with our history. This has made us a "banana republic", which means this is a state of absolute uncertainty, where the politicians are feudal gentlemen that live putting obstacles to the democracy, to the development, and to the free market.
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