Cost-benefit analysis of dollarization, Ecuador case

• Autores: Carmen Álvarez Vásquez, Víctor F. Guaranda Sornoza, Lilian del Jesús Aguilar Ponce, Antonio E. Pinargote Vásquez, Diana A. Zambrano, Jessenia H. Morán Chilán
• Localización: Dominio de las Ciencias, ISSN-e 2477-8818, Vol. 4, Nº. 4, 2018, págs. 3-24
• Idioma: español
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• Resumen

  • This paper analyses the reasons why Ecuador changed its monetary policy by substituting the national currency Sucre by US Dollar; the benefits and costs of dollarization in Ecuador; examines economic performance by using data collected by the Central Bank and International database available, the period from 1996 to 2007 have been chosen for this study; and uses variables like GDP, Foreign Direct Investment, Debt, Taxes and Inflation.