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While Latin America accounts for approximately 7 percent of the world economy, easily accessible information on the economies of the region is not always easy to find. The existing literature on Latin American economics usually assumes some previous familiarity with the region and is focused on...
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Uruguay has consolidated economic gains, supported by strong macroeconomic policies and a broadly favorable external …
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Background: Uruguay has experienced a decade of strong and inclusive expansion since its 2002 crisis, thanks to … important institutional reforms, large-scale FDI projects attracted by Uruguay’s stable macroeconomic environment and business … 2012, mostly owing to weaker external demand from regional trading partners with which Uruguay is highly interconnected …
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After the recession, Uruguay continued to face difficult economic conditions under the Stand-By Arrangement. Executive … Directors emphasized the need to promote sustainable growth with low inflation and high employment. They welcomed Uruguay …
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