No country in the developing world has been hit harder by the Coronavirus pandemic than Ecuador. Government officials have recorded nearly 35,000 cases and 3,000 deaths from Covid-19, although these are almost certainly massive undercounts. For example, excess mortality in Guayaquil, the city suffering the most from Covid-19, is eight times regular levels. At the … Continue reading "No Dollar, No Cry: Dollarization, Covid-19, and Economic Disaster in Ecuador"