Beckerman, PaulSolimano, AndresBeckerman, PaulSolimano, Andres2013-06-272013-06-272002-060-8213-4837-Xhttps://hdl.handle.net/10986/14256Early in 2000, Ecuador, confronted with a serious economic crisis, adopted the US dollar as its national currency, This book examines the conditions that led to this action, describing the repeated cycles of crisis and failed stabilization that fatally undermined confidence in the Ecuadorian sucre. The book then analyzes dollarization's initial results and its effects on inflation, growth, poverty, inequality, marginalization, gender, and the Ecuadoran family. It also puts the Ecuadoran experience with dollarization in an international perspective.en-USCC BY 3.0 IGOACCOUNTINGACCOUNTING PRACTICESACCOUNTING SYSTEMSBALANCE OF PAYMENTSBALANCE SHEETSBANK DEPOSITSBANK LOANSBANKING SYSTEMCENTRAL BANKCOMPETITIVENESSCONSUMER PRICE INDEXCURRENCYCURRENCY BOARDSCURRENCY DEPRECIATIONDEBTDEFLATIONDEMAND FOR MONEYDEPOSIT INSURANCEDOLLAR TERMSDOMESTIC INFLATIONDOMESTIC PRICEDOMESTIC PRICE LEVELDOMESTIC PRICESECONOMIC ACTIVITYECONOMIC CONSEQUENCESECONOMIC DEPRESSIONECONOMIC DEVELOPMENTECONOMIC EFFECTSECONOMIC HISTORYECONOMIC STRUCTUREEMERGING ECONOMIESEQUILIBRIUMEXCHANGE RATEEXPORTSEXTERNAL DEBTEXTERNAL SHOCKSEXTREME POVERTYFEDERAL RESERVE SYSTEMFINANCIAL CRISISFINANCIAL MARKETSFISCAL BUDGETFISCAL DEFICITFISCAL DEFICITSFISCAL POLICYFIXED EXCHANGE RATEFOREIGN BORROWINGFOREIGN INVESTMENTGDPGOLD STANDARDGROSS DOMESTIC PRODUCTGROSS FIXED CAPITAL FORMATIONGROWTH RATEGROWTH RATESHUMAN DEVELOPMENTINCOMEINFLATIONINSURANCEINTEREST RATESINTERNATIONAL MONETARY FUNDINTERNATIONAL RESERVESINTERNATIONAL TRADELABOR FORCELABOR MARKETSLAWSLEGAL TENDERLEGISLATIONLENDER OF LAST RESORTLIQUIDITYLIVING STANDARDSMACROECONOMIC BALANCEMACROECONOMIC PERFORMANCEMEDIUM OF EXCHANGEMONETARY COUNTERPARTMONETARY INTEGRATIONMONETARY REGIMEMONETARY STABILITYMONETARY SYSTEMMONEY SUPPLYNATURAL RESOURCE BASENET IMPORTSNET WORTHOILOIL PRICESOPECORGANIZATION OF PETROLEUM EXPORTING COUNTRIESOUTPUTPOLITICAL ECONOMYPOLITICAL INSTABILITYPRICE STABILITYPRIVATE CONSUMPTIONPURCHASING POWERQUOTASREAL EXCHANGE RATEREAL GDPREAL GROWTHREAL INTEREST RATESREAL WAGEREAL WAGESSEIGNIORAGESOCIAL SECURITYSTABILIZATIONSUBSIDIARYTAX COLLECTIONUNEMPLOYMENTVALUE ADDEDVOLATILITYVULNERABILITYWAGESWHOLESALE PRICE INDEX ECONOMIC CRISISDOLLARSSOCIAL IMPACTCURRENCY CONVERTIBILITYCURRENCY FLUCTUATIONCURRENCY REALIGNMENTSCURRENCY SELECTIONSOCIAL PROTECTION SYSTEMSVULNERABLE GROUPSTARGETED ASSISTANCEGENDERMACROECONOMIC STABILITYBALANCE OF PAYMENTSEXCHANGE RATESPUBLIC EXPENDITURESGENDER POLICYGENDER-EARNINGS GAPGENDER & EDUCATIONGENDER ANALYSISLABOR MARKET CHARACTERISTICSMARKET SEGMENTATIONGENDER GAPMALNUTRITIONEDUCATIONAL ACHIEVEMENTWorld Bank10.1596/0-8213-4837-X