WORLD CRISIS "The consensus among economists assumed that the financial crisis
and 2008 d
broke directly due to the collapse of the housing bubble
in the United States in 2006, which resulted in about October 2007
called subprime mortgage crisis . The impact of the mortgage crisis began to manifest itself extremely seriously from the beginning of 2008, infecting U.S. financial system first, and then to international, have resulted in a deep liquidity crisis
, and causing, indirectly, other economic phenomena as a global food crisis
, different stock collapse (as the stock market crash
January 2008 and Christian
is global stock October 2008) and, overall, an economic crisis
internationally. "
Source: http://es.wikipedia.org/wiki/ Crisis_financiera_de_2008
THE CRISIS IN LATIN AMERICA The stock market panic, bank failures and economic imbalance created in 2008 increases a socio - economic instability, affecting companies whose finances,
to be disarmed and projections loss in 2009, taking reduction measures, personnel and production.
The more stress the effects tracsienden that after this "snowball" produced in countries like Ecuador, Peru, Colombia and Bolivia, where in addition to a permanent crisis, begins to feel the impact of the reduction in income remittances from migrants.
The equation is simple:
=
troubled company layoffs = less unemployed migrant remittances remittances
Less Minor = less purchase = purchase
layoffs Layoffs social
Crisis =
To mention one of the devacle CONSEQUENCES of this financial crisis.
CRISIS IN ECUADOR The word crisis is leaving to be a word to become a country-level situation. After a "BONANZA" high economic values \u200b\u200breached over oil, the government claims that Ecuador has a "healthy economy."
Of course the crisis raises concerns about many aspects of public policy implementation, as well as has the United States and United Kingdom proposing a bailout billionaire 700,000 to 400,000 million dollars and pounds respectively, along with flexible policy monetary liquidity.
What then is the economic policy carried out by the Ecuadorian governmen to deal with the crisis?
What are the measures being taken by companies to address the crisis? What are you doing
private banks before the deal?
MEASURES
The Ecuadorian government is working on 4 points of development:
generation of employment, macroeconomic growth, self sufficiency and systemic competitiveness.
addition to the "support" (if it fits the term) to the Ecuadorian industry with tariffs on imported goods, indiscriminately affecting hundreds of employers whose main activity was the import and one way or another dormant nationalism generating a product of Ecuador.
The questions are: this will work with a competitive industry that is in its infancy like ours?
The private company instead, and being realistic with adverse general economic outlook, warns a policy of spending cuts, in some cases and depending on how they have been affected by the tariff policy, the downsizing and in some extreme cases closure of business.
private banks have reduced their credit terms of 36 - 24 to 18 months to 12 months, as well as a reduction in the percentage of cash advance on credit cards (also fear a possible dollarization) that in due course generate an unmanageable debt.
Growing myth has become a temporary, maintenance and customer loyalty is the basis of the current Ecuadorian economy.
Eastern culture maintains that the crisis is the time for change and opportunity, making this the time of emergence of the creativity of some and the resignation of others. is also the time to assess the domestic product and generating industry, the strength and necessity but generate.
A PIECE OF HEAVEN ON EARTH, not for anything they say the "Enchanted Islands" 
- Kestrel or the Galapagos hawk (Buteo galapagoensis ), also endemic. 
