Análisis del impacto económico de las salvaguardas en el sector automotriz ecuatoriano. 2014-2017.

Abstract

This essay analyzes the economic impact experienced by Ecuadorian automotive sector with the safeguards application, considering a study period from 2014 to 2017. This paper analyses normative context on which the National Government of Ecuador is based to issue the resolution No. 011-2015, starting from the World Trade Organization (WTO) legal support, to ecuadorian legislation that served as basis for the tariff measures implementation. The central government's primary aim to adopt the safeguards tariff measures was to leveling the balance of payment and improve the deficit in the non-oil trade balance that had USD 2014 - USD 7408 million. With respect to analyzed indicators, employment and its decrease caused by safeguards are reviewed, imports, exports and sales decrease during 2015 and 2016 years, taking as reference 2014 year. This allows to show that even considering revenues from oil exports and despite the measure application, purpose of improving this indicator was not met. This paper applies an exploratory and bibliographic research methodology through information collected from official information sources, complemented by descriptive research. The measures applied have generated an increase in car prices, a decrease in employment and a decrease in both imports and exports, which is negatively resulted in the sales of the sector.