IMF Staff Country Reports

Uruguay: Selected Issues

Publication Date:

December 6, 2006

Electronic Access:

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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. 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).

Series:

Country Report No. 2006/427

Subject:

Banking Credit Expenditure Infrastructure Money National accounts Public debt Public investment and public-private partnerships (PPP) Public investment spending