Ecuador's economic, political and social crisis

ISBN-13: 9786206935025 / Angielski / Miękka / 52 str.

José David Ronquillo Cando; Jorge Aníbal Guilcaso Romero; Raúl Humberto M. Pulloquinga

Opis

The aim of this research is to analyse the political and social economic crisis in Ecuador from 1998 to 2018, in order to understand the most important macroeconomic variables that affect the country's economy, such as inflation, Gross Domestic Product, tax revenues, oil prices and unemployment. Ecuador has not made progress in this decade, such as: the existence of high rates of unemployment and underemployment, the slowdown in demand, the decline of some sectors of the economy, the still existing dependence on the oil sector and the volatility of international oil prices, as well as the loss of competitiveness of exports, demonstrated in the appreciation of the real exchange rate. For this purpose, the qualitative method will be used to collect information through a previously structured survey, which will allow us to know the opinion of the citizens regarding the causes that affect the country's economic crisis.