Known in Ecuador as “the mother of dollarization,” Joyce Ginatta is an unlikely shaper of monetary policy. A grandmother of 12 and a self-made businesswoman – she made most of […]
Category: Ecuador
After the Honeymoon
Finance Minister Carlos Julio Manuel was a strong proponent of dollarization. Now he must be in the vanguard of sweeping reforms to ensure sustained growth.
Bailing Out the Banks
The final cost of Ecuador’s banking crisis is still unknown. Most deposits in the failed private sector banks were covered either by cash payments from a government agency, the AGD, […]
Crossing the Political Divide
Gustavo Noboa, Ecuador’s president, has shown an uncanny ability to pick a path through Ecuador’s political minefield. Will his successor?
Ecuador’s Future Flows Through A Pipeline
The black gold that will start flowing through the OCP pipeline in 2003 will be a vital element of Ecuador’s future economic success.
Following in Darwin’s Footsteps
Ecuador has much to offer the tourist. The spectacular Galapagos Islands have been famous since they were visited by Charles Darwin. Less well-known is the variety of landscapes and climates […]
From Boom to Bust…and Back Again?
Stability is back in the country’s turbulent financial system, but repairing confidence takes time.
Growth, Plus Discipline
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.
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.
