Introduction

Ecuador, like many developing countries, aims at increasing the role of foreign direct investment (FDI) in its development not only through attracting more FDI but also through benefiting from it more in terms of technology, employment, exports, skills and, in general, competitiveness. To achieve this, Ecuador, in concert with other member countries of the Community of the Andean Nations (CAN), liberalized FDI policies in the early 1990s. In addition, it opened up its economy to international trade,reformed its tax and fiscal systems and tried to initiate a privatization programme.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure