Analysis of the public debt in the finances of the Ecuadorian State, period 2008-2021

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Víctor JuliPizarro-Vargaso Pizarro-Vargas
José Luis Romero-Villagrán
María Isabel Aguayo-Delgado
Oscar Simón Ibarra-Carrera

Abstract

Evaluate the finances of Ecuador in the periods from 2008 to 2021 through the analysis of the expenses made in response to social demands; The study showed that the country maintains a high level of indebtedness, which maintains a growing trend in each period. The variables selected to evaluate the research were: public finances as a dependent variable and State revenues as an independent variable; The indicator selected as an information and evaluation instrument was the General State Budget. The methodology used in the research was descriptive and quantitative, the same that allowed identifying the resources that are used as a source of financing public finances. Additionally, the different sources of financing used by the State were determined, to face social demands, among the most important resources that the country has are tax revenues, income from oil exploitation, and internal and external credits.

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How to Cite
Pizarro-Vargas, V., Romero-Villagrán , J. ., Aguayo-Delgado, M., & Ibarra-Carrera, O. (2022). Analysis of the public debt in the finances of the Ecuadorian State, period 2008-2021. 593 Digital Publisher CEIT, 7(5-1), 239-249. https://doi.org/10.33386/593dp.2022.5-1.1355
Section
Finance
Author Biographies

Víctor JuliPizarro-Vargaso Pizarro-Vargas , Universidad de Guayaquil - Ecuador

https://orcid.org/0000-0003-2751-1073

Economist graduated from the University of Guayaquil, Master in Taxation and Finance; With 10 years of professional experience in financial and tax matters, teacher in subjects related to the profile of finance, taxes, economics and exact sciences. 

Professor at the Guayaquil University University. 

Research professor at the University of Guayaquil, on issues related to the profile of his academic training. 

President of the College of Economists of Guayas 

José Luis Romero-Villagrán , Universidad de Guayaquil - Ecuador

https://orcid.org/0000-0002-0593-3905

Bachelor of Business, Master in Teaching and Management in Higher Education. 

Graduate professor at the University of Guayaquil. Lecturer on transportation insurance. 

Author: Gestión Integrada de Seguros y Logística Internacional; La Banca y el Sistema Financiero Ecuatoriano; Operaciones Portuarias y Aeroportuarias, author of several articles for specialized magazines. 

María Isabel Aguayo-Delgado, Universidad de Guayaquil - Ecuador

https://orcid.org/0000-0002-5554-537X

Economist from the University of Guayaquil, has a master’s degree in Economics, Finance and Corporate Projects; with seven years of experience as a teacher in subjects related to the profile of economics at University of Guayaquil. 

Research professor at the University of Guayaquil, on issues related to the profile of her academic training 

Oscar Simón Ibarra-Carrera, Universidad de Guayaquil - Ecuador

https://orcid.org/0000-0002-2503-0703

Economist graduated from the University of Guayaquil, Master in Taxation and Finance; with 10 years of teaching experience in subjects related to the profile of finance, taxes, economics and exact sciences. 

Career as teachers at the Catholic University of Santiago de Guayaquil and Guayaquil University. 

Research professor at the University of Guayaquil, on issues related to the profile of his academic training 

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