Surrounded by countries that are having economic and financial difficulties, tiny Ecuador (pop. 4,000,000) is a striking exception. It has an annual trade surplus, a currency more solid than the dollar, an economy growing by an average of 9% each year. Last week Conservative President Camilo Ponce Enriquez. 47, dedicated 13 more miles of blacktop road through virgin farmland, rushed ancient Quito's $10 million face lifting (a jet airport, a new congressional palace), timed for the eleventh meeting of the Pan American Union next year. "Our people are working,'' says Ponce. "Our...
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