Conclusions and recommendations

Ecuador has made important efforts to achieve its objective of diversifying its economy through a change of the production matrix. It has, in the course of this process, implemented several of the recommendations of the IPR that aimed at increasing investment, both domestic and foreign, and its long-term benefits. While reforms are still underway in several areas, including the digitalization of administrative processes, important bottlenecks in key areas of the investment framework persist. They need to be addressed in order to increase the competitiveness of the country.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Partnerships for the Goals