## Uruguay: Selected Issues

_IMF Staff Country Reports, December 6, 2006_

## Source details

**Canonical URL:** [Uruguay: Selected Issues](https://www.imf.org/en/publications/cr/issues/2016/12/31/uruguay-selected-issues-20157)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/uruguay-selected-issues-20157/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/uruguay-selected-issues-20157/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/uruguay-selected-issues-20157/bundle-manifest.json)

## Bibliographic details
- Published: December 6, 2006
- Series: IMF Staff Country Reports
- DOI: 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 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*

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## 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)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2006/_cr06427.pdf.md){rel="alternate" type="text/markdown"}
  - [Uruguay: Selected Issues; Country Report 06/427; June 15, 2006 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2006/_cr06427.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/uruguay-selected-issues-20157_