IMF Staff Country Reports

Uruguay: Selected Issues

December 6, 2006

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International Monetary Fund. "Uruguay: Selected Issues", IMF Staff Country Reports 2006, 427 (2006), accessed 12/20/2025, https://doi.org/10.5089/9781451839364.002

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Summary

This report includes five background studies with emphasis on vulnerabilities and growth, the focus of the 2006 Article IV Consultation with Uruguay. Stocks of key financial balance sheet vulnerabilities are also discussed. With the appreciation of the peso since early 2004, the discussion on competitiveness has intensified. To assess competitiveness, the paper looks at balance of payments trends, the ratio of tradable to nontradable prices, cost and profitability measures, and real exchange rates and their alignment with purchasing power parity (PPP).

Subject: Banking, Credit, Expenditure, Infrastructure, Money, National accounts, Public debt, Public investment and public-private partnerships (PPP), Public investment spending

Keywords: balance of payments trend, bank, bank credit stock, CR, Credit, East Asia, Global, growth performance, Infrastructure, ISCR, private sector participation, Public investment and public-private partnerships (PPP), Public investment spending, South Asia, Uruguay, Uruguay's competitiveness, Uruguayan peso