Effect of E-Money as a Monetary Alternative Mechanism to the Dollar in Ecuador 2014-2017

Abstract:

The purpose of this article is to describe the incidence of electronic money as an alternative monetary mechanism to the dollar in Ecuador period 2014-2017 and what have been the experiences in other countries. Likewise, the adoption of the same in Ecuador is evaluated. The research aims to give a visualization of the behavior of electronic money in the monetary circulation. The theorical support lies on the theories of”(Turowski & Pousttchi, 2004),(Herzberg, 2003),(Kite, 2004) & (Van den Dam, 2005)(Berger, Hancock, & Marquardt, 1996)(Humphrey, Willesson, Bergendahl, & Lindbolm, 2006)(Humphrey & Vale, 2004.) among others. Finally, the research design is integral correlation. As a conclusion, t was obtained that this case, the introduction of electronic money, had a positive impact on the money circulation as an alternative monetary mechanism to the dollar in Ecuador during the period 2014-2017.

Año de publicación:

2018

Keywords:

Fuente:

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