THE STATE AND THE ECONOMY
PARTICIPATION OF THE STATE IN THE ECONOMY
Is:
As private initiative
Because:
Markets operate without state intervention
This is called:
Neoliberalism
THE STATE AND THE CRISIS
It happens when:
The state no longer has money
For:
Health
Roats
Jobs
THE INTERVENTION OF THE ECUADORIAN SYSTEM IN THE ECONOMY
The state invests in:
Roads
Telecommunications
Educational
Works
Health
But:
There are problems with bureaucracy
That is:
The paperwork that exists to be able to have a business
Even though:
You have to pay toll for the maintenance of this
And:
Ask the International Monetary Fund "IMF" (officials from different countries) that sets certain conditions to lend the money
THE STATE ACCOUNTS
Are three:
Value Added Tax (IVA)
Income tax
Oil and fuel sales
THE ECONOMY AND IST PROBLEMS
THE WEIGHT OF THE PAST
CHANGES
Has shown signs of greater stability and growth of its economy
EXAMPLES
Lacks organization
You do not have the ability to distribute your wealth
Inequality in the distribution of land and water
Misallocation of capital and technology
The wealth obtained from agriculture, mining, fishing and industry has benefited foreign countries
It doesn't progress socially.
But:
The problem of poverty has persisted.
Organization has improved
Technology has helped improve the knowledge of Ecuadorians
Increase income taxes on imports to help small and medium-sized businesses.
Other types of state policies