Home 
Browse Archive Economic Outlook Economic Outlook: Ecuador - October 2001
Browse Archive Economic Outlook Economic Outlook: Ecuador - October 2001 | Economic Outlook: Ecuador - October 2001 |
Ecuador's currency lost nearly two-thirds of its value relative to the US dollar in 1999. On January 9, 2000, the government responded by dollarizing the economy. It was a good time to stabilize the currency. The price of crude oil, Ecuador's leading export, stood at an eight-year high. As the world's largest exporter of bananas, the country also saw growing income as the price of that commodity rose three years in a row. With rising fiscal income and a comfortable trade surplus amounting to 17% of GDP, even skeptics were encouraged by the good fortune smiling on Ecuador. |
|||||
| < Prev | Next > |
|---|
User Login
Kroll commissioned the Economist Intelligence Unit to conduct a worldwide survey on fraud and its effect on business in 2008.
Kroll's Global Fraud Report brings together these survey results with the experience and expertise of Kroll and a selection of its affiliates. more