This Selected Issues paper reviews Uruguay’s experience with inclusive growth over the last two decades, and identifies … challenges and policy options to promote greater equality going forward. Uruguay has a long history of high living standards …

In 2023, Uruguay confronted the impact of a once-in-a-century drought, causing significant direct losses to the primary … sector. The economic situation in Argentina created further headwinds for Uruguay, although with no signs of financial …

Uruguay is facing a third year of negative output growth. It, however, is making progress with economic adjustment. The …

This paper discusses key findings of the Fifth and Sixth Reviews Under the Stand-By Arrangement (SBA) for Uruguay …

and prospects for bank-lending from a cyclical and structural perspectives. A model calibrated for Uruguay, a financially …

ahead. Uruguay’s near-term economic prospects are generally favorable. The main short-term challenge is rising inflation in …

, Ukraine, Pakistan, Ecuador, Argentina, and Uruguay. We consider both external and domestic retructurings. Haircuts are … immediately after the exchange. We find average haircuts ranging from 13 percent (Uruguay external exchange) to 73 percent (2005 …

spillovers from agriculture in the case of Uruguay. It introduces additional economic information and theory to estimate … also presents an overview of the labor market and pension system of Uruguay …

This 2011 Article IV Consultation highlights that the growth momentum in Uruguay has continued into 2011 but a slowdown … is under way, led by weaker exports and slower public investment. Uruguay’s economic and financial vulnerabilities are … Directors have commended authorities’ skillful macroeconomic management that has underpinned Uruguay’s excellent economic …

This paper describes economic developments in Uruguay during the 1990s. Real GDP expanded on average by more than 4 … external demand from Uruguay’s main trading partners (Argentina and Brazil), as well as progress in strengthening the public …