Cost-benefit analysis of dollarization, Ecuador case
DOI:
https://doi.org/10.23857/dc.v4i4.819Palabras clave:
Dollarization, cost- benefit analysis, economic analysis, Ecuador.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.
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