Ecuador databank...

Behind President Rafael Correa’s ostensibly ideologically-neutral five-hour speech to the nation Aug. 10th was a core message of personal authority. The president went into detail ...

The Central Bank published disappointing output growth estimates for Q1 2010, of 0.33% QoQ and 0.6 YoY. That put Ecuador at the tail end of South American countries, ahead only of ...

Rafael Correa and Evo Morales were the only Latin American presidents who returned home empty-handed from a trade meeting in Spain in May. Meanwhile, neighbors Colombia and Peru signed ...

Fiscal imbalances that face the government with the need to raise $5.0 billion to cover a deficit of close to $3.0 billion, amortizations for $1.5 billion, and arrears for $0.5 billion ...

A recent “cabinet crisis” promoted by the president himself put several ministers out of office, and was spiced up by a possible impeachment of the Attorney General that raised stormy ...

Eliminating Central Bank independence is a campaign promise President Rafael Correa has pursued with notorious passion. After a series of legal and administrative changes, the Bank ...

Economic activity turned unmistakably downward last year, with cumulative output growth close to zero. Both the fall of non-oil exports, due to world demand contraction, and decreasing ...

Though government pollster Santiago Perez claims that 58% of Ecuadorians still support President Rafael Correa, the independent polling firm Informe Confidencial–Gallup puts Correa´s ...

In mid-December, President Rafael Correa finally finished dismantling the Central Bank. The ex-Bank of Banks is now under complete control of the central government, with Minister ...

In the middle of political distress caused by the current discussion of two polemical bills (communications and higher education) and the most severe energy crisis of the last 12 years,

President Rafael Correa is facing tough political opposition from social groups, for the first time since taking office in January 2007. Indigenous groups, schoolteachers, university ...

Until now, financing hadn’t been a real problem for Ecuador in the years since it adopted a dollarized system. Despite President Rafael Correa’s aggressive increases in public spending,

Ecuador will receive $400 million from the IMF during this second semester of 2009. Minister Coordinator of Economy, Diego Borja declared that it is not a loan but rather “Ecuador’s ...