Uruguay
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1990 , pp 425-447
- Publication Date: December 1990
- DOI: https://doi.org/10.18356/171cc8d3-en
- Language: English
During 1990 it proved possible to effect a dramatic reduction in the financial imbalance of the public sector, the balance of payments on current account again showed a surplus, and an increase in foreign reserves was recorded; however, inflation accelerated and the level of activity continued to advance sluggishly. Thus, for the third consecutive year, the economy has remained stalled, with inflation largely stimulated by the continual transfer of resources abroad, approximating 4% of GDP during the three-year period ending in 1990.
© United Nations
ISBN (PDF):
9789210601177
Book DOI:
https://doi.org/10.18356/ddcfb6e9-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Uruguay
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