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The objective of the present study was to review the advantages and disadvantages of dollarization in the Ecuadorian economy through a descriptive analysis of key macroeconomic indicators. The research design was non-experimental, longitudinal, and descriptive. Official sources were identified for the collection of economic indicators in the period 2000 to 2019. Growth rates, inflation, unemployment and indebtedness were analyzed, in addition to the balance of the trade balance and the public budget. The results showed that dollarization stabilizes prices by keeping inflation below one digit. However, Ecuador's economic growth can not be explained solely by this cause. It must be explained by other factors, especially the country's dependence on oil, which also translates into the need to make recurrent adjustments. It is concluded that dollarization demands compatible policies in accordance with severe fiscal discipline. [ABSTRACT FROM AUTHOR]

La dolarización es un régimen monetario que obstaculiza el crecimiento sostenido y la capacidad de enfrentar perturbaciones externas sucesivas. Bajo esa premisa, se exponen cinco razones por las que convendría que el Ecuador saliera de la dolarización. Trabajos como los de Naranjo y Naranjo (2011), Acosta (2004), Correa (2004a y 2004b), Naranjo (2004) y Jameson (2003) fueron aportes valiosos y singulares a esta discusión, pero la bonanza petrolera y el cambio del modo de desarrollo en la última década han contribuido a que el debate quede cada vez más desierto. En este artículo se hace referencia a la teoría de la regulación y a la crisis argentina de 2001. Se concluye que la dolarización se ha mantenido por la transformación del modo de regulación que ha encauzado un régimen de acumulación distinto, pero que es necesaria la recuperación de la moneda nacional para consolidar el nuevo modo de desarrollo. [ABSTRACT FROM AUTHOR]

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Copyright of Revista de la Maestría en Derecho Económico is the property of Pontificia Universidad Javeriana and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)