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Essay

Ecuador's Economic Chronological Analysis

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Issue:

Social Issues

 

Written by:

Jaclyn M

 

Date added:

November 14, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1194

 

Was viewed:

4084 times

 

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Essay content:

Some 3% of the country's inhabitants are of African descent. Roman-Catholicism is the main religion. Economic and Political Overview Discovery of large oil deposits in the Amazon region in the 1970's transformed Ecuador's economy from an agrarian one based on the export of commodities, such as bananas, coffee, cocoa, rice, potatoes, manioc (tapioca), plantains, sugarcane; cattle, sheep, pigs, beef, pork, dairy products; balsa wood; fish, shrimp...
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Ecuador’s major partners: U.S., Peru, Italy, Colombia, Brazil, Chile, Panama (2006). After a brief period of economic prosperity brought on by its new oil wealth, Ecuador experienced its first post "oil boom" economic slowdown. The beginning as a slowdown ended in a near economic collapse with the decline in world oil prices in 1986, followed by the destruction of a large stretch of Ecuador's sole oil pipeline by an earthquake in 1987...
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