Facing covid-19 in Ecuador: a blueprint for monetary policy and food sovereignty

In Ecuador, in a context of social and political conflict, the pandemic has revealed structural problems that are becoming increasingly acute for a country with a dollarized economy. The situation has its roots in inequality resulting from a number of sources and which has become more evident during...

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Main Authors: Katiuska King, Pablo Samaniego, César Carranza
Format: Article
Language:English
Published: Association Recherche & Régulation 2021-05-01
Series:Revue de la Régulation
Subjects:
Online Access:https://journals.openedition.org/regulation/18524
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author Katiuska King
Pablo Samaniego
César Carranza
author_facet Katiuska King
Pablo Samaniego
César Carranza
author_sort Katiuska King
collection DOAJ
description In Ecuador, in a context of social and political conflict, the pandemic has revealed structural problems that are becoming increasingly acute for a country with a dollarized economy. The situation has its roots in inequality resulting from a number of sources and which has become more evident during the pandemic. A compounding factor is the dislocation of a population obliged to turn to informal work or self-employment due to the application of structural adjustment policies and deregulation of markets. The government boosts large-scale mining. Within this framework, the article proposes measures that could help to mitigate some of the problems faced by a country that does not have its own currency. A major component is a what we call conditional integral regulation, together with lines of liquidity which would promote the repatriation of capital. In terms of food sovereignty, while food is available, distribution problems in an agricultural sector based on the campesino and family economy are exacerbating a situation of chronic malnutrition in children.
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spelling doaj-art-e5115a563231463f93a5307ae99122a02025-01-30T14:25:59ZengAssociation Recherche & RégulationRevue de la Régulation1957-77962021-05-012910.4000/regulation.18524Facing covid-19 in Ecuador: a blueprint for monetary policy and food sovereigntyKatiuska KingPablo SamaniegoCésar CarranzaIn Ecuador, in a context of social and political conflict, the pandemic has revealed structural problems that are becoming increasingly acute for a country with a dollarized economy. The situation has its roots in inequality resulting from a number of sources and which has become more evident during the pandemic. A compounding factor is the dislocation of a population obliged to turn to informal work or self-employment due to the application of structural adjustment policies and deregulation of markets. The government boosts large-scale mining. Within this framework, the article proposes measures that could help to mitigate some of the problems faced by a country that does not have its own currency. A major component is a what we call conditional integral regulation, together with lines of liquidity which would promote the repatriation of capital. In terms of food sovereignty, while food is available, distribution problems in an agricultural sector based on the campesino and family economy are exacerbating a situation of chronic malnutrition in children.https://journals.openedition.org/regulation/18524inequalitycovid-19integral regulationconditional lines of liquiditydollarized economyfood sovereignty
spellingShingle Katiuska King
Pablo Samaniego
César Carranza
Facing covid-19 in Ecuador: a blueprint for monetary policy and food sovereignty
Revue de la Régulation
inequality
covid-19
integral regulation
conditional lines of liquidity
dollarized economy
food sovereignty
title Facing covid-19 in Ecuador: a blueprint for monetary policy and food sovereignty
title_full Facing covid-19 in Ecuador: a blueprint for monetary policy and food sovereignty
title_fullStr Facing covid-19 in Ecuador: a blueprint for monetary policy and food sovereignty
title_full_unstemmed Facing covid-19 in Ecuador: a blueprint for monetary policy and food sovereignty
title_short Facing covid-19 in Ecuador: a blueprint for monetary policy and food sovereignty
title_sort facing covid 19 in ecuador a blueprint for monetary policy and food sovereignty
topic inequality
covid-19
integral regulation
conditional lines of liquidity
dollarized economy
food sovereignty
url https://journals.openedition.org/regulation/18524
work_keys_str_mv AT katiuskaking facingcovid19inecuadorablueprintformonetarypolicyandfoodsovereignty
AT pablosamaniego facingcovid19inecuadorablueprintformonetarypolicyandfoodsovereignty
AT cesarcarranza facingcovid19inecuadorablueprintformonetarypolicyandfoodsovereignty