Uruguay: Selected Issues

IMF Staff Country Reports, December 6, 2006

Source details

Canonical URL

Uruguay: Selected Issues

Other formats

• Markdown version
• Structured JSON version
• Bundle manifest

Bibliographic details

• Published: December 6, 2006
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451839364.002

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 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).

Major themes and analytical focus

• Vulnerabilities and growth:
  • Emphasis on identifying and assessing stocks of key financial balance sheet vulnerabilities.
  • Growth-related analysis is central to the five background studies included in the report.
• Competitiveness:
  • Empirical assessment driven by balance of payments trends and price relationships between tradable and nontradable goods and services.
  • Examination of cost and profitability measures as indicators of competitiveness.
  • Analysis of real exchange rates and their alignment with PPP in the context of the peso’s appreciation since early 2004.

Subjects and keywords (as listed)

• Subjects: 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

International Monetary Fund — Uruguay: Selected Issues (Country Report No. 2006/427), December 6, 2006

Content in this bundle

• Uruguay: Selected Issues; Country Report 06/427; June 15, 2006
  • Uruguay: Selected Issues; Country Report 06/427; June 15, 2006 (Markdown version)
  • Uruguay: Selected Issues; Country Report 06/427; June 15, 2006 (PDF)