Ecuador
Economy
BMI View: Foreign reserves finished 2011 at US$2.96bn, slightly up from 2010 levels, thanks to stronger energy prices and solid investment from China. However, by our calculations...
2012-02-03Economy
President Rafael Correa received a boost in late January, when members of a disbanded left-wing guerilla group handed him the sword of martyred reformer Eloy Alfaro on the centenary...
2012-02-03Economy
BMI View: Ecuadorean President Rafael Correa's chances of winning next year's presidential ballot - should he chose to stand for re-election - have been boosted by recent developments,...
2012-01-31Economy
At the Mercosur summit in Monte Video in December 2011, President Rafael Correa formally presented a request for membership to the customs union. He emphasized that if Ecuador were...
2012-01-06Economy
BMI View: Inflation came in at 5.53% y-o-y in November in Ecuador which raises upside risks to our 4.5% year-end estimation. We believe inflation has been rising in Ecuador in part...
2012-01-06Economy
BMI View: Despite strong real GDP growth in 2011, we believe Ecuador's current growth story remains unsustainable. Indeed, our concerns over the investment climate and poor business...
2011-12-05Economy
BMI View: We forecast Ecuador to post current account deficits of 2.1% and 1.6% of GDP in 2011 and 2012, driven in large part by recurring trade deficits. Moreover, the country's...
2011-10-25Economy
We have upgraded our end-2011 forecast to 7.3% of GDP, from 4.9%, as strong oil revenues and a ban on imports has reduced the drag on GDP while private consumption and fixed investment...
2011-10-03



