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Crisis and Stabilization in Ecuador
THE SOCIOECONOMIC STRUCTURE OF ECUADOR BEFORE THE DEBT CRISIS
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8able 8erm 8ncome 8ndex 8otal agriculture alternative approaches to stabilization assets capita income capital outflight cent of GDP Central Bank computable general equilibrium Constant Deficit cost curr&inv current & investment current expenditures Cut in curr Cut in current Debt Crisis demand devaluation discount rate domestic borrowing Dutch disease economic growth Ecuador elasticity employment equation exports Febres Cordero financial sector fiscal adjustment fiscal austerity fiscal policies foreign borrowing foreign sector shock groups households implementation important income effects increase inflation interest rates investment exp investment expenditures Janvry labor long run monetary adjustment monetary base monetary policies money supply opportunity cost population poverty poverty line private investment productivity effect public investment public sector real exchange rate real wages reduced relative rural poor share short run social stabilization and adjustment stabilization policies stabilization program structural Table tradables trade Urban High Educ urban medium urban poor wage repression welfare