Uruguay : Selected Issues

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

January 10, 2014

Electronic Access:

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Summary:

This Selected Issues paper examines the drivers and implications of the agricultural land price boom in Uruguay. It finds that almost half of the increase in agricultural land prices between 2000 and 2010 can be explained by commodity price dynamics. At the same time, farmland prices are estimated to have played an important role in the transmission of commodity price shocks to economic activity, accounting for about 30 percent of the effect of commodity price shocks on GDP growth in the region. The paper also examines the performance of Uruguay’s exports and external balances over the past decade.

Series:

Country Report No. 14/7

Subject:

English

Publication Date:

January 10, 2014

ISBN/ISSN:

9781484342879/1934-7685

Stock No:

1URYEA2014002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

55

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