{
  "title": "Uruguay: Selected Issues",
  "publication": "IMF Staff Country Reports, December 6, 2006",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/uruguay-selected-issues-20157",
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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.",
  "publishDate": "2006-12-06",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary",
      "content": "- This report includes five background studies with emphasis on vulnerabilities and growth, the focus of the 2006 Article IV Consultation with Uruguay.\n- Stocks of key financial balance sheet vulnerabilities are discussed.\n- With the appreciation of the peso since early 2004, the discussion on competitiveness has intensified.\n- To assess competitiveness, the paper looks at:\n  - balance of payments trends;\n  - the ratio of tradable to nontradable prices;\n  - cost and profitability measures; and\n  - real exchange rates and their alignment with purchasing power parity (PPP)."
    },
    {
      "heading": "Major themes and analytical focus",
      "content": "- Vulnerabilities and growth:\n  - Emphasis on identifying and assessing stocks of key financial balance sheet vulnerabilities.\n  - Growth-related analysis is central to the five background studies included in the report.\n- Competitiveness:\n  - Empirical assessment driven by balance of payments trends and price relationships between tradable and nontradable goods and services.\n  - Examination of cost and profitability measures as indicators of competitiveness.\n  - Analysis of real exchange rates and their alignment with PPP in the context of the peso’s appreciation since early 2004."
    },
    {
      "heading": "Subjects and keywords (as listed)",
      "content": "- Subjects: Banking, Credit, Expenditure, Infrastructure, Money, National accounts, Public debt, Public investment and public-private partnerships (PPP), Public investment spending\n- 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\n\nInternational Monetary Fund — Uruguay: Selected Issues (Country Report No. 2006/427), December 6, 2006\n\n---\n\n Content in this bundle\n\n- Uruguay: Selected Issues; Country Report 06/427; June 15, 2006\n  - Uruguay: Selected Issues; Country Report 06/427; June 15, 2006 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Uruguay: Selected Issues; Country Report 06/427; June 15, 2006 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/uruguay-selected-issues-20157"
    }
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    "Published: December 6, 2006",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451839364.002",
    "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:",
    "Vulnerabilities and growth:",
    "Competitiveness:",
    "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",
    "**Uruguay: Selected Issues; Country Report 06/427; June 15, 2006**"
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