Sunday, April 17, 2005

Ecuador's In Play. Who Knew?

Oft contributor to the center-left American Thinker, A.M. Mora y Leon rounds-up developments in Ecuador on Publius Pundit:
Ecuador, arguably the most beautiful country in South America, has probably the stupidest government. Only dollarization has kept the government from making a complete hash of things, and high oil prices and a willingness to drill have enabled the Andean state to post a 5.4% rise in GDP in 2004. But dollarization by itself is not enough. The place desperately needs rule of law, and they aren’t even close.
His stuff always is both excellent (trashing Jimmy Carter, for example), and full of links, and the Ecuador post is no exception.

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