In Uruguay, students can study firsthand how a series of long-term government policies in taxation, technology, education and social welfare, combined with central bank actions, have led to 15 years of steady economic growth, a growing middle class and declining poverty. That has not been the case in neighboring Argentina and Brazil, which Uruguay had traditionally been dependent on as trade partners. Uruguay has maintained sound fiscal and economic policies and has slowly diversified away from trade with its two neighbors. Through special taxation, free trade zones and negotiating directly on the highest level with potential major foreign investors, Uruguay has stimulated robust foreign investment in the software sector, logistics, services, etc. Especially of interest to researchers in political science, political economy, sociology, and history is the role of the state in Uruguay, which despite the apparent drawbacks has been an important factor in securing the economic model for this small nation, for attracting investment, and for increasing the middle-class and reducing poverty.
- The fiscal and monetary history of Uruguay: From 1960 to the present
- The role of the state in the Uruguayan economy: From 1900 to the present
- Uruguay economy: Population, GDP, inflation, business, and trade