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Dissecting Economic Growth in Uruguay

Author

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  • Ms. Natasha X Che

Abstract

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. It then 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 prospect.

Suggested Citation

  • Ms. Natasha X Che, 2021. "Dissecting Economic Growth in Uruguay," IMF Working Papers 2021/002, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2021/002
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