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The Impact of the Great Depression in Ecuador
Multidisciplinary Journal for Education, Social and Technological Sciences Pub Date : 2019-10-03 , DOI: 10.4995/muse.2019.7766
Cristian Paúl Naranjo Navas , Andrés David Naranjo Navas , Alegría Cumandá Navas Labanda

Abstract This investigation started with an inquiry: did the Great Depression impact Latin America similarly? Does the case of Ecuador represent a point of dissimilarity? Ecuador does represent an atypical case in the region. The data presented in this study shows that the impact of the Great Depression in Latin America was uneven: while the region declined sharply from 1929 to 1932, and since 1933 it registers signs of accelerated growth, Ecuador remained stagnant throughout the decade studied.However, the development of some macroeconomic data are similar in the entire region because of the close commercial links with the United States of America. The evolution of foreign trade and public finances were similar: a profound reduction until 1932-1933, and then a quick recovery.Finally, the Great Depression represents a break point in Latin American: the growth of the region passes from depending on the external trade to a development that focused on the ingrowth.

中文翻译:

厄瓜多尔大萧条的影响

摘要这项调查始于一个调查:大萧条是否也对拉丁美洲产生了影响?厄瓜多尔的案子是否代表了不同点?厄瓜多尔确实代表了该地区的非典型案例。这项研究提供的数据表明,大萧条对拉丁美洲的影响是不均衡的:尽管该地区从1929年到1932年急剧下降,并且自1933年以来就显示出加速增长的迹象,但厄瓜多尔在整个研究的十年中仍然停滞不前。由于与美利坚合众国的紧密商业联系,整个区域内一些宏观经济数据的发展是相似的。对外贸易和公共财政的发展过程是相似的:直到1932年至1933年的大幅减少,然后迅速恢复。最后,大萧条是拉丁美洲的一个转折点:
更新日期:2019-10-03
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