Booms petroleros, quimeras de transformación productiva y el retorno de Washington

The economic and political stability of Latin American countries keeps pace with international commodity prices. In Ecuador, the last fifty years have been ruled by oil prices. A historical study of this period suggests the existence of a certain regularity in the Ecuadorian economic trajectory, wit...

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Main Authors: Pablo Cardoso, Henry Chavez
Format: Article
Language:English
Published: Éditions de la Sorbonne 2023-04-01
Series:Revue Internationale des Études du Développement
Subjects:
Online Access:http://journals.openedition.org/ried/8179
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author Pablo Cardoso
Henry Chavez
author_facet Pablo Cardoso
Henry Chavez
author_sort Pablo Cardoso
collection DOAJ
description The economic and political stability of Latin American countries keeps pace with international commodity prices. In Ecuador, the last fifty years have been ruled by oil prices. A historical study of this period suggests the existence of a certain regularity in the Ecuadorian economic trajectory, with at least two boom and recession cycles. This paper analyzes the parallels and differences between these cycles, putting them into perspective. To this purpose, a systematic comparison of economic and social indicators, the political situation, and the ideological and geopolitical context was carried out. The article concludes by highlighting the limits of transformation projects during booms and of adjustment programs during recessions.
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spelling doaj.art-9379b7e2bf0648eeac91cf8c081365a42023-06-07T12:18:29ZengÉditions de la SorbonneRevue Internationale des Études du Développement2554-34152554-35552023-04-0125120323310.4000/ried.8179Booms petroleros, quimeras de transformación productiva y el retorno de WashingtonPablo CardosoHenry ChavezThe economic and political stability of Latin American countries keeps pace with international commodity prices. In Ecuador, the last fifty years have been ruled by oil prices. A historical study of this period suggests the existence of a certain regularity in the Ecuadorian economic trajectory, with at least two boom and recession cycles. This paper analyzes the parallels and differences between these cycles, putting them into perspective. To this purpose, a systematic comparison of economic and social indicators, the political situation, and the ideological and geopolitical context was carried out. The article concludes by highlighting the limits of transformation projects during booms and of adjustment programs during recessions.http://journals.openedition.org/ried/8179business cycleoil boomproduction transformationdebtcrisisEcuador
spellingShingle Pablo Cardoso
Henry Chavez
Booms petroleros, quimeras de transformación productiva y el retorno de Washington
Revue Internationale des Études du Développement
business cycle
oil boom
production transformation
debt
crisis
Ecuador
title Booms petroleros, quimeras de transformación productiva y el retorno de Washington
title_full Booms petroleros, quimeras de transformación productiva y el retorno de Washington
title_fullStr Booms petroleros, quimeras de transformación productiva y el retorno de Washington
title_full_unstemmed Booms petroleros, quimeras de transformación productiva y el retorno de Washington
title_short Booms petroleros, quimeras de transformación productiva y el retorno de Washington
title_sort booms petroleros quimeras de transformacion productiva y el retorno de washington
topic business cycle
oil boom
production transformation
debt
crisis
Ecuador
url http://journals.openedition.org/ried/8179
work_keys_str_mv AT pablocardoso boomspetrolerosquimerasdetransformacionproductivayelretornodewashington
AT henrychavez boomspetrolerosquimerasdetransformacionproductivayelretornodewashington