With Ecuador’s reserves frozen overseas, things are getting too close for comfort back home

King, K. (5 July 2022) With Ecuador’s reserves frozen overseas, things are getting too close for comfort back home. LSE Latin America and Caribbean Blog.
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With no currency of its own, Ecuador is sterilizing its resources by accumulating reserves while Government promotes austerity. The country must ensure that social policies are not negatively affected by the accumulation of funds, explains Katiuska King (Universidad Central del Ecuador).

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