Ecuador’s New Deal: Reforming and Regulating the Financial Sector
February 2013, Mark Weisbrot, Jake Johnston and Stephan Lefebvre
This paper looks at Ecuador’s financial and regulatory reforms during the past five years, perhaps the most comprehensive of any country in the 21st century: taking control over the central bank, regulating capital outflows, taxing the financial sector, encouraging domestic investment and co-operatives, and protecting consumers.
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[Correction: Figure 5 was added after it was left out of the original publication.]