Ecuador
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1993 , pp 193-213
- Publication Date: December 1994
- DOI: https://doi.org/10.18356/b677a366-en
- Language: English
In Ecuador, the stabilization programme initiated the year before reduced inflation substantially in 1993, so that the rise of 31 % in consumer prices, which was half as high as in 1992, was the lowest in the past six years. However, the policy of restraining domestic demand, and the slump in international petroleum prices, slackened the rate of growth of the gross domestic product (GDP) to little more than 2% per year.
© United Nations
ISBN (PDF):
9789210601207
Book DOI:
https://doi.org/10.18356/a858e3b6-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Ecuador
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