The Resource The late 1990s financial crisis in Ecuador : institutional weaknesses, fiscal rigidities, and financial dollarization at work, Luis I. Jacome H

The late 1990s financial crisis in Ecuador : institutional weaknesses, fiscal rigidities, and financial dollarization at work, Luis I. Jacome H

Label
The late 1990s financial crisis in Ecuador : institutional weaknesses, fiscal rigidities, and financial dollarization at work
Title
The late 1990s financial crisis in Ecuador
Title remainder
institutional weaknesses, fiscal rigidities, and financial dollarization at work
Statement of responsibility
Luis I. Jacome H
Title variation
Late nineteen-nineties financial crisis in Ecuador
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
This paper stresses three factors that amplified the 1990s financial crisis in Ecuador, namely institutional weaknesses, rigidities in public finances, and high financial dollarization. Institutional factors restricted the government's ability to respond in a timely manner and efficiently enough to prevent the escalation of the banking crisis and spurred the adoption of suboptimal policy decisions. Public finance rigidities limited the government's capacity to correct existing imbalances and the deteriorating fiscal stance associated with the costs of the financial crisis. Financial dollarization increasingly reduced the effectiveness of financial safety nets, fostered foreign currency demand, and accelerated a currency crisis, thereby further worsening the solvency of banks. These three factors reinforced each other, exacerbating costs as the economy went through a triple banking, currency, and fiscal crisis
Member of
Action
digitized
Cataloging source
OCLCE
Dewey number
330.9866
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.04/12
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/04/12
Label
The late 1990s financial crisis in Ecuador : institutional weaknesses, fiscal rigidities, and financial dollarization at work, Luis I. Jacome H
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 44-46)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn648471733
Dimensions
unknown
Extent
1 online resource (46 pages)
File format
one file format
Form of item
online
Isbn
9781451891041
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37167273
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)648471733
  • imf1281070173
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
Processing Feedback ...