{
  "title": "Dissecting Economic Growth in Uruguay",
  "publication": "IMF Working Papers, January 8, 2021",
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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.",
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    {
      "heading": "Summary",
      "content": "- Uruguay experienced one of its biggest economic booms in history during 2004-2014.\n- Since then, growth has come down significantly.\n- The paper investigates the various causes of the boom and discusses the sustainability of these causes.\n- The paper 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 prospects."
    },
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      "heading": "Major themes and analytical focus",
      "content": "- Causes of the 2004-2014 boom:\n  - Analysis of drivers behind Uruguay’s large expansion during 2004-2014.\n- Sustainability assessment:\n  - Evaluation of whether the boom’s drivers are sustainable going forward.\n- Cross-country comparison:\n  - Comparison of Uruguay with high-growth countries that started at similar income levels.\n  - Use of a broad set of structural indicators to identify gaps and reform priorities."
    },
    {
      "heading": "Key subjects and keywords",
      "content": "- Subject: Commodity prices, Exchange rates, Exports, Real exchange rates, Total factor productivity\n- Keywords: commodity price boom, convergence record, economic growth, economy of Uruguay, income convergence, soybean export, sustainable growth, terms of trade, Uruguay, Uruguay economy, WP\n\n---\n\n Content in this bundle\n\n- Working Paper\n  - Working Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Working Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2021/01/08/dissecting-economic-growth-in-uruguay-49968"
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    "Authors: Natasha X Che",
    "Published: January 8, 2021",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781513564708.001",
    "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.",
    "The paper 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 prospects.",
    "Causes of the 2004-2014 boom:",
    "Sustainability assessment:",
    "Cross-country comparison:",
    "Subject: Commodity prices, Exchange rates, Exports, Real exchange rates, Total factor productivity",
    "Keywords: commodity price boom, convergence record, economic growth, economy of Uruguay, income convergence, soybean export, sustainable growth, terms of trade, Uruguay, Uruguay economy, WP",
    "**Working Paper**"
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