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Saadi, president]; Ecuadorian Conservative Party or PCE [Freddy BRAVO] Center-Left parties: Democratic Left or ID [Rodrigo BORJA Cevallos, leader]; Popular Democracy or DP [Jamil MAHUAD, leader]; Radical Alfarista Front or FRA [Fabian ALARCON, director] Populist parties: Roldosist Party or PRE [Abdala BUCARAM Ortiz, director]; Concentration of Popular Forces or CFP [Averroes BUCARAM, leader]; Popular Revolutionary Action or APRE [Frank VARGAS Passos, leader]; Pachakutik-New Country or P-NP [Freddy EHLERS] Far-Left parties: Popular Democratic Movement or MPD [Juan Jose CASTELLO, leader] International organization participation: AG, ECLAC, FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Intelsat, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, NAM, OAS, OPANAL, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO Diplomatic representation in the US: chief of mission : Ambassador (vacant); Charge d'Affaires Fernando FLORES chancery: 2535 15th Street NW, Washington, DC 20009 telephone: [1] (202) 234-7200 consulate(s) general: Chicago, Houston, Los Angeles, Miami, New Orleans, New York, Philadelphia, and San Francisco consulate(s): Newark Diplomatic representation from the US: chief of mission: Ambassador Leslie ALEXANDER embassy: Avenida 12 de Octubre and Avenida Patria, Quito mailing address: APO AA 34039 telephone : [593] (2) 562-890 FAX: [593] (2) 502-052 consulate(s) general: Guayaquil Flag description: three horizontal bands of yellow (top, double width), blue, and red with the coat of arms superimposed at the center of the flag; similar to the flag of Colombia that is shorter and does not bear a coat of arms Economy Economy - overview: Ecuador has substantial oil resources and rich agricultural areas. As an exporter of primary products such as oil, bananas, and shrimp, fluctuations in world market prices can have a substantial domestic impact. Growth has been uneven in recent years as the government has repeatedly initiated ill-conceived fiscal stabilization measures. The populist government of Abdala BUCARAM Ortiz proposed a major currency reform in 1996, but popular discontent with new austerity measures and rampant official corruption undermined his government's position. Congress replaced BUCARAM with Fabian ALARCON in February 1997. ALARCON has adopted a minimalist economic program that puts off major decisions until t
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