Between 2001 and 2008 the inflation rate average of Ecuador was 7.2% while the average inflation in the United States was 2.5%. If well during the period 2004 to 2007 the inflation rate retail in Ecuador is reduced to an average of 2.81%, while in three of those four years below the American retailer, in 2008 inflation rate revived inflationary pressures by registering a variation of 8.8%. The highest rate of differential inflation affects the competitiveness of the Ecuadorian economy with negative consequences on the results of trade balance. At the moment, this negative effect was not reflected at all but it has an explanation. The result of the trade Balance has been able to maintain thanks to the increase observed in the average price of oil in 2008. 63% Of exports of Ecuador responded to the oil sector.
The oil sector has contributed to the growth of the economy and sustaining stability in the fiscal and accounts external to hiding behind the deterioration of the Ecuadorian economy. The so-called Dutch disease, which occurs when the exploitation of a natural resource generates an appreciation Exchange rate-destructive for the rest of the products of an economy sectors, seems to be that step is opening up. Higher expected inflation will exacerbate the issue of appreciation of the kind of real change in the Ecuadorian economy and will be more vulnerable to the external sector of Ecuador. There are already elements to anticipate expansionary monetary policy initiatives, within which a dollarized economy allows. The expected contraction of GDP of Ecuador for the present year (- 0.2% according to LatinFocus) and the low rate of growth that is anticipated for the 201 (from 2.3% in an economy that needs a higher rate of growth), are a temptation for the Correa administration suggest expansionary policies. But the question of monetary policy, added two other problems for the sustainability of the model in Ecuador.
One relates to the projection of taxable income for the current year and for 2010. According to the survey by LatinFocus, for this year is expected to the Ecuadorian economy to observe a fiscal deficit of 3.7% of GDP and 2.5% for 2010. This fiscal deficit will mean partly, current account deficit, the second problem, which according to the survey of LatinFocus projections, will reach 2.7 per cent of GDP this year and 1.6% in 2010. The default in which incurred Ecuador long ago closed you external markets to finance what can put under tension to the economy of Ecuador in case of need to make funds, just when the wallet of Chavez is not available. Under this context, it becomes very difficult to think that the model of dollarization of the Ecuadorian economy can be sustained. Are the Correa Administration will be evaluating seriously what you are doing?
The miscarriages and held back information of the previous year rightly bring the rabbit Thaler citizens on the Palm. In addition, and also remains inconceivable – from the perspective of residents and parents, why such closure plans only 2 years ago a huge sum of money invested in the asphalting of the schoolyard, a tip-top outer wall construction and the construction of an imposing security network around the schoolyard. Questions remain on the need for renovation. Are there 30,000 euro (the evaluation of field-proven specialists) or 2 million, as announced by the Administration Office with worry about wrinkles? Between official and political chairs primary school saves only, making the citizen’s initiative at the moment: even tackle stubbornly remain informed, and demand information. Time is money or life, not only for the primary school Hasenthal with each exhausted argument of the school administration office increase the chances that the political reason prevails and the primary school of Hasenthal. maintained. The fragmentary information flow of in recent months can be the fear fester further, that which then drops a new.
Still not enough time for the delay. With the playground equipment, improved fire protection and coarse repair of factory space, the school start of the new school year is likely 2013/14 on the spot. Keeping the activities of the citizens initiative to save the primary school Hasenthal in vain, offers for the village a death scenario “with expensive consequences for decision makers, who are now so carelessly in the short term planning. Without primary school is the only reason to stay in the village for many families. Parades are expensive, jobs scarce. New Hartz IV applications are expected. The average age is high. Many end up without helping the children old in a nursing or retirement home – again a cost factor that makes inevitable support IV circumstances Hartz.
Without cultural center, the venue for anyone is attractive. No one drags, will Hasenthal to the country body “-a fate that struck many tracts of land, not only in Thuringia. Modern, real-life ideas versus stale official rigidity as of the other Star parents numerous suggestions came at meeting with decision makers and politicians, to relieve the supposedly worst on your own. A fund with proceeds of the parents has been proposed to remove a required teacher pay to the poor state of Bavaria. Irrelevant, the Office says, because teacher hiring and payment of State matter and no private pleasure is. It was suggested to volunteer to the renovation of the building and the revival of the school garden. At least this could above say nothing. Little time is left to save. The storm of outrage brings parents and citizens on the legs. Whether will the initiative alive, what political shortsightedness leveling want shows up to the school year end at the latest 2012/13. May this article sharing is already a historical testimony about an initiated from above country died. However, the author wishes that an article about the success of the recovered primary school Hasenthal and thus the success of reason against educational nonsense can follow the information about this tug of war. Annette Bankey for: Bader’s writing and Office service