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Opinion: Ecuador vs. Argentina – lessons from dollarization as a tool to end inflation

By Leonard Quinde Allieri

(Opinion) A few months before the elections in Argentina, dollarization is the focus of the political debate.

Meanwhile, Ecuador could become a roadmap for understanding what it solves and doesn't.

At the end of April, a graph on cumulative inflation in Ecuador, produced by the Latin American Strategic Center for Geopolitics (CELAG), generated some commotion in Argentina while dollarization is being debated.

Cristina Kirchner even used the publication to claim that dollarization would not curb inflation, citing an alleged 355% increase in Ecuador between 1999 and 2022, compared to a 75% increase in the United . . .

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