Investment promotion through tax incentives has been a key component of the last two governments’ strategy to stimulate the accumulation of productive assets. A public policy mechanism such as the Investment Promotion Regime (IPR, established by Decree 455/007) inevitably raises questions...

In this work we present the results of a recent survey thar covered the whole universe of Worker Cooperatives in Uruguay. In order to be able to evaluate the comparative performance of Worker Cooperatives the survey covered also a control group of conventional firms with similar size and sector...

In the context of a sharp rise in the incidence of poverty and increasing inequality since the end of the last decade, a major tax reform was put into place in mid-2007 with the explicit goals of promoting both greater efficiency and equity in the Uruguayan tax system. Overall, the reform...

This paper uses a static computable general equilibrium model (CGE) linked to a microsimulation model to analyze how the global crisis and some adopted policy responses may have affected the Uruguayan economy. The focus is on the trade channel and foreign capital flows, since they are the most...

In the context of a sharp rise in the incidence of poverty and increasing inequality since the end of the last decade, a major tax reform was put into place in mid-2007 with the explicit goals of promoting both greater efficiency and equity in the Uruguayan tax system. Overall, the reform...