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The oil sector in Ecuador. 2000-2010

Abstract:

This text analyzes a variety of aspects related to production, fiscal topics and the external insertion of oil activities in Ecuador since 2000. This time period is when dollarization took place and includes two economic policies for the sector: the first inspired by neoliberal models and the second involving efforts by the government of Rafael Correa to recover oil sovereignty. From a macroeconomic perspective, and taking into account elements of the regulatory framework, the purpose of this work is to demonstrate the relationship between these two ideas using the hypothesis that the productive aspects - this text emphasizes where this area is lacking - constitute the basis of improper income appropriation and dependent insertion into the global oil market.