Poverty in Ecuador has fallen by nine percentage points between December 2006 and December 2011, according to the latest quarterly survey of employment, unemployment and underemployment that made the INEC (National Institute of Statistics and Censuses). This means that in the past five years have risen out of poverty around 930,000 people, as of December 2006, 37.6% of the population was poor and now 28.6%.

Publicado el 09/Diciembre/2011 | 11:30

By DAVID MORRILL
"If you told me ten years ago that I would live in Ecuador one day, I would have told you that you were crazy," says Sharon Monroe, a 64-year-old grandmother and retired restaurateur from Redwood City, California. "At that point in my life, I couldn't imagine living anywhere else but in the United States."

The rock-bottom cost of living in Ecuador, where retirees can live comfortably on less than the average U.S. Social Security payment, has seen the country remain firmly at the top of International Living’s annual Global Retirement Index for the third successive year.

Quito, July 6 (Prensa Latina) Ecuador's relations with China are extremely good and strategic for the country, President Rafael Correa said.
 
China is financing half of the world, including the United States; why not finance Latin American and Ecuadorian developments, Correa told reporters in Guayaquil.

Friday 17 December 2010

QUITO -  The president of the Central Bank of Ecuador, Diego Borja, considered Friday that year 2011 will be the year with the most foreign investment in Ecuadorian history.

The recent opening of Ecuador's newest and longest bridge, represents a significant step towards opening up access to the country's beautiful and underdeveloped northern Pacific coast. While housing and land prices in the area were low before due to the area's limited accessibility, experts believe that the modern infrastructure expansion will lead to increasing real estate prices in the area soon. See the following article from International Living for more on this.