Comparative analysis of the General State Budget and its influence on fiscal policy in Ecuador, period 2019-2020

Authors

DOI:

https://doi.org/10.15381/quipu.v28i56.17696

Keywords:

Budget, public spending, fiscal policy, investment, debt

Abstract

Objective: Carry out a comparative analysis of the General State Budget and its influence on improving the quality of life of Ecuadorians based on public spending. Method: The type of research was descriptive because it allowed observation to determine the characteristics of the variables studied and applied, since the knowledge was used to carry out a quantitative and percentage comparative analysis between the income and expenditure groups of the General State Budgets. Results: The results show that applying a restrictive monetary policy has caused an increase in unemployment, less coverage of social services and poverty. Conclusions: Optimizing public spending is possible, but the path of austerity cannot be the only way to reduce the wage bill.

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Author Biographies

  • Luis Andrés Moyón Sánchez, lmoyon, Investigador independiente

    Economist with mention in Business Management from the National University of Chimborazo, Finance Engineer at the Higher Polytechnic School of Chimborazo. He also obtained the Master's Degree in Development Project Management at the Higher School Polytechnic of Chimborazo and is a graduate of the Master in Public Administration Mention Institutional Development at the Technological University of America.

  • Guadalupe Alejandra Robalino Rivadeneira, Escuela Superior Politécnica de Chimborazo. Riobamba, Ecuador
    Economist with mention in Business Management from the National University of Chimborazo, Graduated in Accounting and Auditing at the Escuela Superior Politécnica de Chimborazo. He also obtained the titles of Higher Diploma in Business Prospective, Specialist in Organizational Development, Master in Business Management at the Regional University Autonomous of the Andes. He is currently studying the last semester of the Doctorate in Economic Sciences at the University of Zulia (Venezuela)
  • Doris Nataly Gallego Santillán, Universidad Nacional de Chimborazo. Riobamba, Ecuador

    Magister en Gerencia Empresarial

Published

2020-05-07

Issue

Section

Original papers

How to Cite

Moyón Sánchez, L. A., Robalino Rivadeneira, G. A., & Gallego Santillán, D. N. (2020). Comparative analysis of the General State Budget and its influence on fiscal policy in Ecuador, period 2019-2020. Quipukamayoc, 28(56), 59-67. https://doi.org/10.15381/quipu.v28i56.17696