Repaso examen Social

Military dictatorship in Ecuador - Was it similar to other countries?

• They were not repressive with their oponents.

• They suspended the agrarian reform.

• They supported a nationalist, "centrist" ideology that prioritized the sovereignty of countries, especially in managing natural resources.

• They also proposed significant social reforms.

• They managed the state refinery.

What is a dictatorship? Compare it with democracy.

What kind of reforms did they do? Military Junta - General Guillermo Rodriguez Lara - Triumvirate. (In oil sector).

• The international price of oil increased.

• Managed the state refinery of Esmeraldas.

• Reduction of industrial production.

• Cancelled the contract with Texaco-Gulf company.

What kind of reforms did they do? Military Junta - General Guillermo Rodriguez Lara - Triumvirate. (In the social sector)

• Issued the ley de colonización de tierras baldías, which authorized the logging of forest in Morona-Santiago to convert them into cattle ranches.

• Suspended the agrarian reform.

• Were not repressive with their oponents.

• Subsides on products or services had to be eliminated.

Which countries had dictatorship?

Who opposed them?

When began the dollarization - You think that is good or bad why?

1980s an Economy in Crisis - The main causes of the economic crisis.

• The international price of the oil barrel increased.

• Reduction of industrial production.

• Managed the state refinery of Esmeraldas.

• Providing loans to countries without obtaining the necessary guarantees.

• Increase in interest rates on loans granted to countries.

What did governments do to solve the problem?

• Increase in interest rates on loans granted to countries.

• Governments had to sell public companies and institutions to private investors.

• Banks had to offer high interest rates and allow free Cash inflow and out flow.

• Foreign goods import taxes had to be eliminated.

• Subsides on products or services had to be eliminated.

Who helped them?

• Argentina

• U.S.A

• Canada

• Colombia