Expat Community > Ecuador

crowdpub
Joined 2010
Posts: 726

Strafor Analysis on Ecuador

8 years ago

FYI: A must read for all and potential expats. Strafor is a private intelligence group based in the states that provides intelligence of all types of topics. I mentioned last week in a post somewhere that some professionals are predicting oil to go to 20 dollars a barrel. This Strafor reports addresses the issue of lower prices and the impact it could have on Ecuador. It clearly appears that if the prices go lower that Ecuador will have to cut the budget even more than it has. This could result in further protests. It also says if that is the case, the next President will have difficulty retaining constituents' loyalty by social programs and in my opinion continued growth of jobs via govt. positions. This is a good read and in my opinion accurate in terms of what lays ahead for Ecuador in the foreseeable future economically.
http://latinamericacurrentevents.com/strafor-analysis-for-ecuador/35099/

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