rruption. In conclusion, Ecuador's current crisis has been the effect of multiple years of economic mismanagement, a society full of deception, and political impotence. Some regard the government's problems as mere growing pains associated with democratization. Nevertheless, there seems to be no immediate stop in the bleeding. A change in the government's superstructure and policies must be made soon in order to save the little that is left. Unfortunately, there had not been any successful change to a more powerful policy oriented government. Thus, Ecuador continues to fall further into a depression that will be particularly difficult to rise out of because of its distinct geographical and cultural attributes. Ecuador's economic problems (which only make up 2% of emerging markets) is beginning to affect the rest of the world. Not only is it dragging Latin American further back, but is also causing international creditors to limit investment in developing regions. People are worried that that other nations such as Brazil, Thailand, and Russia may follow suit and "do an Ecuador (Keaveny, 1999)."*Note: El Nino driven floods, volcanic disruption, and an immense earthquake have devastated agricultural areas, all but paralyzing sectors of Ecuador ...
