Ecuador Finds Progress Made During Boom Years Is Unsustainable – World Politics Review

Ecuadorean President Rafael Correa defended his legacy last month in his last state of the nation address, saying that the current recession is the result of a perfect storm of falling oil prices and a strengthening U.S. dollar. In an email interview, Diego Grijalva, a professor of economics at the University of San Francisco of Quito, discusses Ecuador’s economy in the wake of the commodities bust. Read more>>