El petróleo en Ecuador, 2000-2015: ¿maldición, bendición o simple recurso?
Oil has been Ecuador’s most important export product since the 70’s; the current low prices of commodities have placed the need of a productive diversification in the center of the debate about development strategies. In this paper, it is aimed at establishing whether the dependence on oil’s export...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universidad de Zaragoza, Cátedra de Cooperación para el Desarrollo
2017-11-01
|
| Series: | Revista Iberoamericana de Estudios de Desarrollo |
| Subjects: | |
| Online Access: | http://ried.unizar.es/index.php/revista/article/viewFile/248/pdf |
| _version_ | 1797403791302066176 |
|---|---|
| author | Caria S. |
| author_facet | Caria S. |
| author_sort | Caria S. |
| collection | DOAJ |
| description | Oil has been Ecuador’s most important export product since the 70’s; the current low prices of commodities have placed the need of a productive diversification in the center of the debate about development strategies. In this paper, it is aimed at establishing whether the dependence on oil’s exports has been an obstacle for the diversification of Ecuadorian economy during the recent commodities boom (2003-2014), as the «product trap» thesis suggests. For this purpose, a survey on the literature about the so called «resources’ curse» will be made in order to identify the main rationales that support this thesis and the policy recommendations that literature on this topic suggests to oil-rich countries. Then, the Ecuadorian case will be analyzed to search evidence that confirm the existence of an «oil curse» in Ecuador. The results show that oil dependence and low diversification are empirically associated, but no clear causal relation can be established between them. |
| first_indexed | 2024-03-09T02:44:30Z |
| format | Article |
| id | doaj.art-a32872923c21453dbdd981695d49c0c3 |
| institution | Directory Open Access Journal |
| issn | 2254-2035 2254-2035 |
| language | English |
| last_indexed | 2024-03-09T02:44:30Z |
| publishDate | 2017-11-01 |
| publisher | Universidad de Zaragoza, Cátedra de Cooperación para el Desarrollo |
| record_format | Article |
| series | Revista Iberoamericana de Estudios de Desarrollo |
| spelling | doaj.art-a32872923c21453dbdd981695d49c0c32023-12-05T22:24:26ZengUniversidad de Zaragoza, Cátedra de Cooperación para el DesarrolloRevista Iberoamericana de Estudios de Desarrollo2254-20352254-20352017-11-016212414710.26754/ojs_ried/ijds.248El petróleo en Ecuador, 2000-2015: ¿maldición, bendición o simple recurso?Caria S.0Instituto de Altos Estudios Nacionales (Ecuador)Oil has been Ecuador’s most important export product since the 70’s; the current low prices of commodities have placed the need of a productive diversification in the center of the debate about development strategies. In this paper, it is aimed at establishing whether the dependence on oil’s exports has been an obstacle for the diversification of Ecuadorian economy during the recent commodities boom (2003-2014), as the «product trap» thesis suggests. For this purpose, a survey on the literature about the so called «resources’ curse» will be made in order to identify the main rationales that support this thesis and the policy recommendations that literature on this topic suggests to oil-rich countries. Then, the Ecuadorian case will be analyzed to search evidence that confirm the existence of an «oil curse» in Ecuador. The results show that oil dependence and low diversification are empirically associated, but no clear causal relation can be established between them.http://ried.unizar.es/index.php/revista/article/viewFile/248/pdfresources cursedependency |
| spellingShingle | Caria S. El petróleo en Ecuador, 2000-2015: ¿maldición, bendición o simple recurso? Revista Iberoamericana de Estudios de Desarrollo resources curse dependency |
| title | El petróleo en Ecuador, 2000-2015: ¿maldición, bendición o simple recurso? |
| title_full | El petróleo en Ecuador, 2000-2015: ¿maldición, bendición o simple recurso? |
| title_fullStr | El petróleo en Ecuador, 2000-2015: ¿maldición, bendición o simple recurso? |
| title_full_unstemmed | El petróleo en Ecuador, 2000-2015: ¿maldición, bendición o simple recurso? |
| title_short | El petróleo en Ecuador, 2000-2015: ¿maldición, bendición o simple recurso? |
| title_sort | el petroleo en ecuador 2000 2015 maldicion bendicion o simple recurso |
| topic | resources curse dependency |
| url | http://ried.unizar.es/index.php/revista/article/viewFile/248/pdf |
| work_keys_str_mv | AT carias elpetroleoenecuador20002015maldicionbendicionosimplerecurso |