Macro Poverty Outlook for Ecuador: October 2022
Published on November 14, 2022
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Facebook Twitter Google+ LinkedIn The windfall from oil revenues is reducing short-term pressures on fiscal accounts, but public sector efficiency is critical for fiscal sustainability. Despite this, the polarized political and social context continues to limit the room for policy maneuvers and may prevent Ecuador from achieving its growth potential. Growth-enhancing reforms would require consensus-building […]
More from this issue
Half of the ‘Economically Active Population’ of Ecuador obtains income in the informal sector. Among them are those who showcase their skills in the streets. Luis Laz walks along a rope tied between posts two meters high. Fidian Caicedo throws three machetes into the air and catches them as if they were made of paper. […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!
374,000 people live in poverty or are child laborers
The MIES has identified gangs in Ecuador that are dedicated to capturing children and adolescents to force them to beg or work in the streets. The Ministry of Economic and Social Inclusion (MIES) has identified 374,000 people who live on the streets of the country in a situation of begging; many are child ‘workers.’ The […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!
Advanced pre-Incas actually discovered Ecuador’s equatorial line
“Ecuador means ‘the middle of the world’…” Jorge Eduardo Carrera, Manager of the Public Company ‘City of the Middle of the World.’ From 1734 to 1744, the French Academy of Sciences launched several expeditions to determine the actual shape of the Earth. The French geodetic mission verified Isaac Newton’s theory that the planet was flattened […]
Ecuador volcanoes are beautiful, but potentially dangerous
Travelers come daily to the country to climb or hike along Ecuador Volcanoes. The beauty of the country is largely due to the Andean Mountain chain it hosts. There are 90 volcanoes across the country, and although most do not have eruptions Ecuador and Galapagos Islands have 27 potentially active volcanoes. Most of these are continental: Cayambe, Reventador, Guagua Pichincha, Cotopaxi, Tungurahua, […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!
A simple box of food
There is a lot of information about poverty in Ecuador in this issue. I think that’s a good thing. Seems it’s so easy to get caught up in our own little problems that we often forget to look at the bigger picture and realize how lucky we all are. If you’re reading this, you’re likely […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!
Freedom of the press secured as Communication Law goes into effect with most of Lasso’s changes incorporated
Because of the failure of the National Assembly to vote on the issues, most of the observations from President Lasso’s partial veto were maintained. The reforms of the Communication Law will come into force with most of the changes of the veto of President Guillermo Lasso. On November 11, 2022, Lasso sent the final text for publication in the […]
Microsoft and Ecuador join forces to close digital gaps
Microsoft will cooperate with the government to promote essential skills that create safer environments, develop a workforce prepared for the future, increase connectivity in remote rural areas and promote an inclusive culture and the use of accessible tools in public administration. The digital transformation and the development of technological skills in the population are, today […]
With Singue case annulled, Glas will ask for his other sentences to run concurrently
Last week an appeals court declared the case null and void, meaning former Vice President Jorge Glas can again request that his sentences be unified, and that he be let out of prison on ‘pre-release.’ The Singue case is an emblematic case of alleged corruption during the government of former President Rafael Correa. The case deals […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!
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