The intervention of the public administration in the subsidies of fuels in Ecuador

Abstract

The objective of this work is to analyze the intervention of the public administration in the fuel subsidies of Ecuador, therefore, the subsidies include all the measures that maintain the price so that the consumers are below the market level, that is to say that the governments assume these costs to promote activities in strategic sectors or to benefit vulnerable groups in areas such as education, security, health or basic services, the government subsidy or incentive is a form of aid or financial support, whose objective is to promote certain economic and social policies in the case of Ecuador, are an essential part of the government's priorities and have been applied in different ways and circumstances, the methodology applied in the investigative process, was based on
historical, deductive, statistical and bibliographic methods. , which allowed directing the work to carry out its respective analysis and thus I can conclude that the public administration plays a fundamental role in the elimination of subsidies, considering that it is the best measure to face the economic deficit that any country that applies subsidies can present, but due to its social weight, it is very difficult to take this decision by the reactions of the community in general, therefore the intervention of this is to make the elimination of subsidies gradually, and with measures that allow mitigating their impact, especially focused on the most vulnerable groups that are affected by removal of the subsidy.