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1 – 10 of 25This is the largest-ever fund aimed at improving integration on the continent, and comes at a pivotal moment for the Mercosur trade bloc, which is facing an existential crisis…
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DOI: 10.1108/OXAN-DB284224
ISSN: 2633-304X
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The restructuring creates more fiscal space for President Guillermo Lasso as he attempts to bolster popular support, fend off political opposition and drive through liberal…
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DOI: 10.1108/OXAN-DB273097
ISSN: 2633-304X
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ECUADOR: IMF deal would deepen political polarisation
COVID-19 lockdown measures and low oil prices are weighing on the economy, which the IMF expects to contract by 6.7% this year. According to the IMF, Ecuador’s gross financing…
ECUADOR: Unrest will soar as COVID-19 crisis subsides
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DOI: 10.1108/OXAN-ES252748
ISSN: 2633-304X
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The health crisis, national lockdowns and a global recession have combined to create a difficult environment in Latin America, while governments’ responses to the pandemic have…
Ecuador's economic difficulties.
Lockdown measures have helped stem contagion but have had a devasting impact on the economy. Market liberalisation and debt renegotiation efforts place most of the burden of…
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DOI: 10.1108/OXAN-DB253510
ISSN: 2633-304X
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The government's precarious fiscal position means that some taxes will be increased, but the rate of VAT will remain unchanged. Much of the adjustment will come about from the…
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DOI: 10.1108/OXAN-DB246846
ISSN: 2633-304X
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This Fund-supported programme will help Ecuador address the economic shock caused by the sharp drop in oil prices and the COVID-19 pandemic. It also paves the way for the…