Análisis de los factores que amenazan la reactivación económica en el Ecuador en el periodo 2022 - 2023

Abstract

The economic reactivation in Ecuador is affected by various obstacles that hinder its progress. The main factors that contribute to this situation are: the high country risk, which generates distrust among international investors, which limits the entry of foreign capital and makes the financing of productive projects difficult, affecting economic growth. Political instability and institutional uncertainty create a risky environment for investments, both local and foreign. This instability discourages entrepreneurs from investing and expanding their businesses in a volatile environment. The increase in interest rates makes credit more expensive for companies and consumers, which limits the capacity for investment and consumption, and could lead to economic stagnation by reducing aggregate demand. These three aspects are interconnected and mutually reinforcing. High country risk can contribute to political instability, and vice versa. In turn, political instability and high country risk can lead to an increase in interest rates, which complicates economic recovery. To achieve a sustainable economic recovery, it is crucial to address these challenges comprehensively. Measures are required to reduce country risk, strengthen institutions and promote political stability. Furthermore, it is essential to implement policies that promote access to credit at competitive rates, stimulating investment and consumption. Economic reactivation in Ecuador requires a holistic approach to overcome the obstacles that make it difficult. Reducing country risk, consolidating political stability and facilitating access to credit at competitive rates are fundamental aspects to achieve sustained and inclusive economic growth.