Uruguay : Selected Issues

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

May 8, 2013

Electronic Access:

Free Full text (PDF file size is 947 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Uruguay’s inflation and inflation expectations exceed the inflation target, and the gap has been widening in recent years. To help bring it to the mid-point of the target, Banco Central del Uruguay (BCU) needs to maintain a tightening bias in addition to strengthening its communication. This paper examined the factors behind the composition of FDI flows to Uruguay and suggested that strong institutions and macroeconomic stability have helped attract FDI to the secondary and tertiary sectors. Flexibility of the labor market, financial deepening, and the quality of infrastructure can further this improvement.

Series:

Country Report No. 13/109

Subject:

English

Publication Date:

May 8, 2013

ISBN/ISSN:

9781484395301/1934-7685

Stock No:

1URYEA2013002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

38

Please address any questions about this title to publications@imf.org