Interviews from Quito – Pedro Paez on Market Power Control

Today our host Gregory Wilpert interviews Pedro Paez, a key economic advisor in the Rafael Correa administration and the current Superintendent of Market Power Control in Ecuador. Wilbert remarks that many countries would not be at all concerned with controlling market power and asks our guest what this means in Ecuador. The discussion extends to the development of the Ecuadorean economy in the context of the global economy and concerns over plunging oil prices and the power exerted by financial markets and banks. teleSUR


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