Ecuador: Analysis states four decades of an oil economy has failed to reduce poverty

operating four decades have not resulted in actual poverty reduction and job quality. In the country, the report of June this year the INEC, 23.69% of the population lives in poverty, 8.51% in extreme poverty and more than half of the economically active population (56.39%) is underemployment. Compared to June 2012, poverty fell by 1.65% and from 2006 to 2012, fell by 10 points, according to INEC. The decline after the crisis began. Between 1999 and 2002, poverty fell from 63.5% to 49%, according to official figures. Within a year unemployment fell less than half a point, from 5.20% to 4.89%, but also full employment: from 50.11% to 46.92%. Read Article

POINTS TO CONSIDER BEFORE MOVING TO ECUADOR