Dissecting Economic Growth in Uruguay

Author: Ms. Natasha X Che

Volume/Issue: Volume 2021 Issue 002

Publication date: January 2021

ISBN: 9781513564708

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Economics- Macroeconomics , economic growth , Uruguay , commodity price boom , sustainable growth , economy of Uruguay , WP , convergence record , income convergence , soybean export , terms of trade , Uruguay economy

Also of interest

WORKING PAPERS PUBLISHED IN JUNE 2004

WORKING PAPERS PUBLISHED IN JUNE 2005

WORKING PAPERS PUBLISHED IN SEPTEMBER 2003

Summary

Uruguay experienced one of its biggest economic booms in history during 2004-2014. Since then, growth has come down significantly. The paper investigates the various causes of the boom and discusses the sustainability of these causes. It then compares Uruguay against high-growth countries that were once at a similar income level, across a broad set of structural indicators, to identify priority reform areas that could improve long-term growth prospect.