European Parliament Library

Uruguay :, Selected Issues

This Selected Issues paper provides a real exchange rate and competitiveness assessment for Uruguay. It looks at the recent developments in key external competitiveness indicators such as the bilateral real effective exchange rates, export volumes, export market shares, export unit values, unit labor costs as well as foreign direct investment performance. The paper pursues an assessment of the real exchange rate following a broad-based strategy of applying four different approaches, including the purchasing power parity approach, the macroeconomic balance approach, the external sustainability approach, and the equilibrium real exchange rate approach
Table Of Contents
Cover; Contents; I. Exchange Rate and Competitiveness Assessment; A. Introduction; B. Competitiveness Assessment Based on Key Indicators; C. Exchange Rate Assessment; D. Conclusions; References; II. Commodity Prices, Growth and the Fiscal Position in Uruguay; A. Introduction; B Commodity Prices, Terms of Trade and the Macroeconomy; C. Some Stylized Facts; D. Methodology; E. A Bayesian VAR Approach; F. Conclusion; References; III. How Important are Regional Factors for Uruguay?; A. Introduction; B. Regional Linkages: The Influence of "Big Brother"
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (63 p.)
Specific Material Designation
Form Of Item

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