Uruguay: Recent Economic Developments
The paper examines the extent to which the recent evolution of the consolidated public sector balance in Uruguay reflects the business cycle. Fiscal policies have generally been cautious, even though some structural reforms, the electoral cycle, and recessions in recent years increased the deficit. Bank soundness indicators differ substantially between private and public banks in Uruguay. The private banking system appears sound. Public banks did not fare as well during the recession, and their soundness needs to be addressed.
READ MORE...
Volume/Issue:
Volume 2001
Issue 047
Publication date: March 2001
ISBN: 9781451839241
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
| Paperback | ePub | Mobi | ||
| English |
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Business and Economics , Banks and Banking , Economics- Macroeconomics , ISCR , CR , U , S , dollar , private sector , economic activity , exchange rate , banking system , base year , output gap , return on equity , central bank , Fiscal stance , State-owned banks , Public sector , Commercial banks , Loans , Europe , Global
Summary
The paper examines the extent to which the recent evolution of the consolidated public sector balance in Uruguay reflects the business cycle. Fiscal policies have generally been cautious, even though some structural reforms, the electoral cycle, and recessions in recent years increased the deficit. Bank soundness indicators differ substantially between private and public banks in Uruguay. The private banking system appears sound. Public banks did not fare as well during the recession, and their soundness needs to be addressed.
Copyright © 2010 - 2026
Powered by:
AIDC