Desarrollo económico y productivo del Ecuador mediante la aplicación del modelo de industrialización por sustitución de importaciones.

Abstract

Since the change from sucre to dollar, Ecuador has been vulnerable to changes in the global economy. Within the second year after the implementation of the dollar, the non-petroleum trade balance began to show negative balances, escaping a deficit in the total trade balance until 2008. At the end of 2009, the reported total trade balance deficit led the government of ex-President Rafael Correa to implement restrictive and substitution measures on imports. The new procedures were intended to reduce the purchase of certain imported products to stabilize the trade balance. One of the most important measures adopted was the implementation of the Cepalino Model ISI - Industrialization by Import Substitution. This model, among other things, included a productive transformation from the primary-export pattern, of which Ecuador has always been characterized, to the production and manufacture of final goods with high added value, expected to substitute imported products and to be potentially set for export. Approximately four years have passed since the implementation of this policy, with the Ecuadorian economy undergoing certain important changes, which will be analyzed in this project.