Uruguay : Recent Economic Developments.

This paper describes economic developments in Uruguay during the 1990s. Real GDP expanded on average by more than 4 percent a year in 1990-94 and fell by 2 1\2 percent in 1995. The rapid growth of output during 1990-94 reflected buoyant external demand from Uruguay's main trading partners (Arge...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/094
Online Access:Full text available on IMF
Description
Summary:This paper describes economic developments in Uruguay during the 1990s. Real GDP expanded on average by more than 4 percent a year in 1990-94 and fell by 2 1\2 percent in 1995. The rapid growth of output during 1990-94 reflected buoyant external demand from Uruguay's main trading partners (Argentina and Brazil), as well as progress in strengthening the public finances, reducing wage indexation, opening the economy, and curtailing government intervention. Consumer price inflation fell steadily from almost 130 percent during 1990 to 35 percent during 1995.
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Physical Description:1 online resource (117 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students