Against all odds, Ecuador has become one of the emerging market success stories of the past year. Ensuring that the country remains on top will require sacrifice, vision and hard work.
Category: Ecuador
Living With the Dollar
Dollarization has put Ecuador’s economy back on track after a disastrous roller coaster ride that ended in default. Confidence is back, but the new currency poses new challenges.
Permanent and Positive Change
Dollarization levels the playing field for everybody and sets the stage for economic stability. By Francisco Zalles
Pipeline to Riches
The 343-mile long OCP pipeline runs parallel to an older pipeline for most of the way. However, it takes a different route near Quito that cuts through delicate rainforests and […]
Pushing Ecuador into the 21st Century
The country’s leaders should draw comfort that Rome wasn’t built in a day. The challenges they face are daunting but their sense of purpose suggests that success lies ahead.
Pushing Privatization
The government’s national plan for promotion of investment includes ambitious targets for privatization. The electricity, telecommunications, postal and water companies will all be sold; roads, ports, airports and customs operations […]
Standing the Test of Time, OCP Ecuador Forges Ahead
How do you get international banks and insurance companies to lend for up to 17 years on a pipeline involving complicated engineering at high altitude passing through an area subject […]