The COVID-19 Lockdown in Ecuador | Cato Daily Podcast
Gabriela Calderon details Ecuador's strict, centralized lockdown which shut down 70% of the economy, highlighting severe disparities between the wealthy who could shelter in place and the informal sector that continued wsummaryEcuador's lockdown was significantly stricter than the US, suspending public transportation and non-essential services entirely from March 17th, with only food production and distribution allowed to continue.takeawayApproximately 60% of Ecuadorians work in the informal sector earning daily wages, forcing them to continue working in markets despite lockdown orders, unlike higher-income groups who could shelter in place.takeaway














