Uruguay : Selected Issues

Publication Date: May 08, 2013
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Summary: Uruguay’s inflation and inflation expectations exceed the inflation target, and the gap has been widening in recent years. To help bring it to the mid-point of the target, Banco Central del Uruguay (BCU) needs to maintain a tightening bias in addition to strengthening its communication. This paper examined the factors behind the composition of FDI flows to Uruguay and suggested that strong institutions and macroeconomic stability have helped attract FDI to the secondary and tertiary sectors. Flexibility of the labor market, financial deepening, and the quality of infrastructure can further this improvement.
Series: Country Report No. 13/109
Subject(s): Inflation targeting | Monetary policy | Foreign direct investment | Capital inflows | Selected issues | Uruguay

Publication Date: May 08, 2013
ISBN/ISSN: 9781484395301/1934-7685 Format: Paper
Stock No: 1URYEA2013002 Pages: 38
US$18.00 (Academic Rate:
US$18.00 )
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