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Ecuador Economy

Ecuador defaults on foreign debt

Ecuador will default on billions of dollars of foreign debt it considers "illegitimate", says President Rafael Correa.
Ref. Source 9

Economy Ecuador

Corruption, poverty behind Ecuador crisis:

The greatest disparities are found among Ecuador's indigenous and Mestizo communities -- 90 percent of an estimated 14.7 million population -- and among black citizens, who comprise 3 percent of the total. The largest privileged groups are found in the 7 percent of the population that is of European origin. Ref. Source 8

Ecuador Economy History & Civil Business Politics

Could Ecuador be the most radical and exciting place on Earth?

A decade ago, Ecuador was a banana republic, an economic basket case. Today, it has much to teach the rest of the world Ref. Source 3