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| VII. The Contemporary Period, 1945–2000 > D. Latin America, 1945–2000 > 2. South America, 1945–2000 > g. Ecuador > 1999, Feb. 17 | ||||
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| CONTENTS · SUBJECT INDEX · BIBLIOGRAPHIC RECORD |
| The Encyclopedia of World History. 2001. |
| 1999, Feb. 17 | |
| As he was exiting the Congressional building in Quito, Jaime Hurtado, a legislator and founding member of the Popular Democratic Party, was assassinated. | 1 |
| March 11 | |
| Pres. Mahuad took emergency economic measures to lower inflation and stabilize the economy. His austerity plan was widely protested with massive national strikes by military leaders and Indian groups. | 2 |
| Sept. 26 | |
| Ecuador defaulted on part of its international debt by failing to make a $44.5 million payment on its internationally borrowed money in Brady Bonds. Continuing devaluation of the sucre pulled Ecuador into its worst economic crisis since the 1920s. | 3 |
| The Encyclopedia of World History, Sixth edition. Peter N. Stearns, general editor. Copyright © 2001 by Houghton Mifflin Company. Maps by Mary Reilly, copyright © 2001 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. | |
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