Ecuador has the US dollar as its currency. There are also 3 posts so far about this here ( posts 27, 31, 32).
May's thread: https://www.timebomb2000.com/xf/index.php?threads/latin-america-and-the-islands-politics-economics-military-may-2022.618843/ Main Coronavirus thread beginning page 1571: https://www.timebomb2000.com/xf/index.php?threads/main-coronavirus-thread.566780/page-1571...
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Some snips:
"Ecuador adopted the
United States dollar on 13 April 2000 as its national currency and on 11 September, the country eliminated the
Ecuadorian sucre, in order to stabilize the
country's economy.
[32]"
"The emergence of the Amerindian population as an active constituency has added to the democratic volatility of the country in recent years. The population has been motivated by government failures to deliver on promises of land reform, lower unemployment and provision of social services, and historical exploitation by the land-holding elite. Their movement, along with the continuing destabilizing efforts by both the elite and leftist movements, has led to a deterioration of the executive office. The populace and the other branches of government give the president very little political capital, as illustrated by the most recent removal of President
Lucio Gutiérrez from office by Congress in April 2005. Vice President
Alfredo Palacio took his place and remained in office until the presidential
election of 2006, in which
Rafael Correa gained the presidency.
[33]"
"
Presidency of Guillermo Lasso since 2021Edit
The 11 April 2021
election run-off vote ended in a win for conservative former banker,
Guillermo Lasso, taking 52.4% of the vote compared to 47.6% of left-wing economist
Andrés Arauz, supported by exiled former president, Rafael Correa. Previously, President-elect Lasso finished second in the 2013 and 2017 presidential elections.
[48] On 24 May 2021, Guillermo Lasso was sworn in as the new
President of Ecuador, becoming the country's first right-wing leader in 14 years.
[49] However, President Lasso's party
CREO Movement, and its ally the Social Christian Party (PSC) secured only 31 parliamentary seats out of 137, while the Union for Hope (UNES) of Andrés Arauz was the strongest parliamentary group with 49 seats, meaning the new president needs support from Izquierda Democrática (18 seats) and the indigenist
Pachakutik (27 seats) to push through his legislative agenda.
[50]
In October 2021, President Lasso declared a 60-day state of emergency with the intention to combat crime and drug-related violence.
[51]"