Macroeconomia

Can Ecuador’s External Sector Sustain Dollarization in the Long Run?

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Ecuador’s long-term economic stability under a dollarized system hinges increasingly on the performance of its external sector, specifically the ability to generate sufficient foreign currency reserves through exports, remittances, and capital inflows. While the adoption of the U.S. dollar in 2000 eliminated hyperinflation, it removed the central bank’s ability to conduct independent monetary policy, leaving … Read more

Hundreds of Thousands Allocated for Nursery and Primary School Maintenance

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In the evolving landscape of municipal governance, the allocation of public funds for infrastructure remains a cornerstone of administrative policy. Recent developments in New York City underscore the complexities of managing long-term capital commitments, particularly when addressing the critical needs of early childhood education. As cities worldwide face the pressure to balance fiscal responsibility with … Read more