Dissecting Economic Growth in Uruguay
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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.
Series:
Working Paper No. 2021/002
Subject:
Commodity prices Exchange rates Exports Real exchange rates Total factor productivity
Frequency:
regular
English
Publication Date:
January 8, 2021
ISBN/ISSN:
9781513564708/1018-5941
Stock No:
WPIEA2021002
Pages:
38
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