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Topic: Economy of Uruguay


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In the News (Sun 15 Nov 09)

  
  Uruguay - Wikipedia, the free encyclopedia
It is bordered by Brazil to the north, the Uruguay River to the west, the estuary of the Río de la Plata (literally "River of Silver", but commonly known in English as "River Plate") to the southwest, with Argentina on the other bank of both, and finally the South Atlantic Ocean to the southeast.
Uruguay then experienced a series of elected and appointed presidents and saw conflicts with neighboring states, political and economic fluctuations and modernization, and large inflows of immigrants, mostly from Europe.
Uruguay's economy is characterised by an export-oriented agricultural sector, a well-educated workforce, and high levels of social spending, as well as a developed industrial sector.
en.wikipedia.org /wiki/Uruguay   (1732 words)

  
 Uruguay (country) - MSN Encarta
Uruguay was a part of the colonial empire of Spain in the Americas until the early 1800s.
Uruguay’s land is a transition zone between the Pampas plains of Argentina and the hilly uplands of Brazil.
The Uruguay River, which forms the country’s western border, joins the Paraná River at the Atlantic Ocean, forming an estuary between Uruguay and its neighbor to the south, Argentina.
encarta.msn.com /encyclopedia_761568731/Uruguay_(country).html   (562 words)

  
 Uruguay   (Site not responding. Last check: 2007-10-21)
The Oriental Republic of Uruguay is a country in southern South America, bordered by Brazil to the north, the Uruguay River to the west, the estuary of the Rio de la Plata (River Plate) to the southwest, with Argentina on the other bank of both, and finally the South Atlantic Ocean to the southeast.
Uruguay is the second-smallest country in South America and the landscape features mostly rolling plains and low hills (cuchilla) with a fertile coastal lowland; most of it grassland, ideal for cattle and sheep raising.
GDP fell by 1.3% in 2000 and by 1.5% in 2001, but the economy grew by 9% in 2003 demonstrating that the recession was over.
www.bidprobe.com /en/wikipedia/u/ur/uruguay.html   (1020 words)

  
 Uruguay ECONOMY
Uruguay's economy was based on the production and processing of agricultural commodities until the services sector, especially tourism and financial services, took over.
There is a mixture of private and state enterprises with the economy generally open to foreign trade and investment.
Uruguay's inflation rate fell from 15.2% in 1997 to 8.6% 1998 and then to a low of 4.2% in 1999.
www.nationsencyclopedia.com /Americas/Uruguay-ECONOMY.html   (605 words)

  
 Uruguay, country, South America. The Columbia Encyclopedia, Sixth Edition. 2001-05
Although Uruguay is within the temperate zone, climatic variations are moderate; generally the climate is warm, with rainfall evenly distributed through the seasons, but in some years there are severe droughts.
Uruguay’s magnificent beaches, such as those at Punta del Este, are great economic assets; tourists, chiefly vacationing Argentines, contribute much to the national income.
Uruguay is a republic with a president who is elected for a five-year term and serves both as chief of state and head of government.
www.bartleby.com /65/ur/Uruguay.html   (1883 words)

  
 Uruguay - Extended information
Uruguay (country) (Spanish República Oriental del Uruguay), republic in east central South America, second smallest country on the continent, bounded on the north by Brazil, on the east by Brazil and the Atlantic Ocean, on the south by the Atlantic Ocean and the Río de la Plata, and on the west by Argentina.
Uruguay is a highly urbanized country, even though its economy is based largely on agriculture, particularly livestock raising, which flourishes on the rolling plains of the countryside.
The principal cities of Uruguay are Montevideo (population, 1996, 1,378,707), the country's capital, chief port, and economic center; Salto (117,597), a center of commerce, shipping, and the meat-salting and meat-packing industries; and Paysandú (111,509), a port and center of the meat-packing and frozen-meat industries.
www.wool.com.uy /uruguay2.htm   (5449 words)

  
 Uruguay (10/05)
Uruguay's early 19th century history was shaped by ongoing conflicts between the British, Spanish, Portuguese, and colonial forces for dominance in the Argentina-Brazil-Uruguay region.
Uruguay is a strong advocate of constitutional democracy, political pluralism, and individual liberties.
Uruguay is a member of the Rio Group, an association of Latin American states that deals with multilateral security issues (under the Inter-American Treaty of Reciprocal Assistance).
www.state.gov /outofdate/bgn/u/55346.htm   (2405 words)

  
 Uruguay Rice Exports and the Environment
Uruguay's agricultural exports contribute 11% the total GDP, "however, the real impact of this group is far greater than this percentage as it provides most of the raw materials for the industrial sector which employs 16% of the local workforce."(7) Among the main exports rice is the third most important.
Uruguay is aware of the necessity of conserving their biodiversity, and therefore the importance in maintaining their ecosystems intact, which means that wetland conservation becomes a keen issue since it provides a home to most of the biodiversity of the country.
Uruguay has already developed projects that are aimed to improving this situation by improving the utilization of the residue and reducing the impact caused by its accumulation.
www.american.edu /TED/URUGUAY.HTM   (2458 words)

  
 Why War? Keywords: Uruguay   (Site not responding. Last check: 2007-10-21)
Brazil annexed the area in 1821, but a new revolt started in 1825, after which Uruguay became an independent country with the Treaty of Montevideo in 1828.
Uruguay's economy is characterised by an export-oriented agricultural sector, a well-educated workforce, and high levels of social spending.
GDP fell by 1.3% in 2000 and by 1.5% in 2001.
www.why-war.com /encyclopedia/places/Uruguay   (1005 words)

  
 Uruguay spugcs1.htm
Uruguay, or República Oriental del Uruguay)is situated in east central South America, second smallest country on the continent, bounded on the north by Brazil, on the east by Brazil and the Atlantic Ocean, on the south by the Atlantic Ocean and the Rio de la Plata, and on the west by Argentina.
The principal cities of Uruguay are Montevideo (population, 1985, 1,247,920), the country's capital, chief port, and economic center; Salto (population, 1985, 80,823), a center of commerce, shipping, and the meat-salting and meat-packing industries; and Paysandu (76,191), a port and center of the meat-packing and frozen-meat industry.
From the mid-1970s to the mid-1980s, executive power in Uruguay was held by a president elected by the Council of the Nation, a body composed of the Council of State (the legislature) and 25 high-ranking military officers.
www.natlaw.com /pubs/spugcs1.htm   (3506 words)

  
 Economy of Uruguay   (Site not responding. Last check: 2007-10-21)
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Chamber of Commerce Uruguay - USA To Promote bilateral trade and to facilitate investment, commercial and industrial activities of mutual benefit for Uruguay and the United States.
Flag of Uruguay [geographic.org] Thumbnail, small and large GIF images of the national flag of Uruguay with links to Uruguay country facts.
www.serebella.com /encyclopedia/article-Economy_of_Uruguay.html   (863 words)

  
 Economy Of Uruguay, Uruguay Economy, Uruguay Economy Overview, Statistics on Uruguay Economy, Uruguay Economic Profile, ...
Economy Of Uruguay, Uruguay Economy, Uruguay Economy Overview, Statistics on Uruguay Economy, Uruguay Economic Profile, Uruguay In The World Economy
Uruguay is an upper middle income country comes under Latin America and Caribbean region, according to the classification made by the World Bank on the basis of income and region fro year 2006.
The country has a total surface area of 176.2 thousand square kilometers as in 2004 with a total forest area of 14,090.0 square kilometers in 2000.
www.economywatch.com /world_economy/uruguay/index.html   (158 words)

  
 Uruguay - The Economy - Stagnation
The precarious nature of Uruguay's primary-product export economy, so successful during the early decades of the 1900s, was gradually made clear for two distinct reasons.
Uruguay's export earnings fell by 40 percent between 1930 and 1932 as world demand contracted and importing nations adopted protectionist measures.
As two of the three pillars of Uruguay's economy (livestock and industry) crumbled, the third (the public sector) bore an increasing burden.
www.countrystudies.us /uruguay/50.htm   (1048 words)

  
 Uruguay - The Economy
Uruguay's small population (just over 3 million) and low population growth (0.7 percent per year) enabled its people to maintain a reasonable standard of living during the 1980s, despite the nation's unsteady economic performance.
Uruguay's economy developed rapidly during the first three decades of the twentieth century because of expanding beef and wool exportation.
In 1986-87 the economy recovered from the recession as real GDP increased by 6.6 percent in 1986 and 4.9 percent in 1987.
countrystudies.us /uruguay/44.htm   (968 words)

  
 Economy (from Uruguay) --  Encyclopædia Britannica
Uruguay's gross national product (GNP) per capita is among the highest in Latin America, and the nation has a large urban middle class.
The most negative effect on the economy was produced by a freeze on deposits in Argentina following the collapse of the Argentine peso when that government abandoned its convertibility plan, which pegged its currency one-to-one with the U.S. dollar.
In the years preceding the dissolution of the union in 1991, the economy of Russia and the union as a whole was in decline.
www.britannica.com /eb/article-32684?tocId=32684   (833 words)

  
 Uruguay Economy Profile 2006
Uruguay's well-to-do economy is characterized by an export-oriented agricultural sector, a well-educated work force, and high levels of social spending.
After averaging growth of 5% annually during 1996-98, in 1999-2002 the economy suffered a major downturn, stemming largely from the spillover effects of the economic problems of its large neighbors, Argentina and Brazil.
The economy grew about 10% in 2004 as a result of high commodity prices for Uruguayan exports, a competitive peso, growth in the region, and low international interest rates, but slowed to 6.1% in 2005.
www.indexmundi.com /uruguay/economy_profile.html   (275 words)

  
 Uruguay   (Site not responding. Last check: 2007-10-21)
Uruguay is the second-smallest country in South America.
Uruguay won two Olympic gold medals in soccer in 1924 and in 1928.
Uruguay also won the World Cup in 1950, beating Brazil in Rio de Janeiro at Maracanã Stadium, a fact that many Uruguayan soccer fans still boast of.
www.worldhistory.com /wiki/U/Uruguay.htm   (1703 words)

  
 Uruguay History | iExplore.com
Throughout much of this early 19th-century period, the future Uruguay was occupied by Portuguese troops from neighboring Brazil (who finally defeated Artigas); interventions – military and otherwise – by its larger neighboring powers were to become a recurrent feature of Uruguay’s political history.
A principal and, in many ways, parallel characteristic of Uruguay’s domestic politics is the deep schism between the two major political parties, both of which can trace their origins to the early years of independence.
Uruguay is a member of Mercosur, the principal regional trade bloc, as well as the Asociación Latinoamericana de Integración (ALADI) and the Inter-American Development Bank.
www.iexplore.com /dmap/Uruguay/History   (1576 words)

  
 [No title]
Uruguay's economy is 69.3 percent free, according to our 2007 assessment, which makes it the world's 33rd freest economy.
Uruguay is ranked 8th out of 29 countries in the Americas, and its overall score is higher than the regional average.
Uruguay has a history of stable democratic government and a small economy based largely on beef and wool exports.
www.heritage.org /research/features/index/country.cfm?id=Uruguay   (928 words)

  
 SICE - ECLAC - Economy of Uruguay   (Site not responding. Last check: 2007-10-21)
The rate of devaluation for the floor of the 7%-wide floatation band was cut to 1.2% per month in May, to 1% in August and to 0.8% per month (an annual rate of 10%) in November.
It was not until near the end of the third quarter that the economy’s sustained growth nudged the unemployment rate down to 11.5%.
By mid-November, in the midst of frenetic devaluations in the Asian currencies, the Ministers for Economic Affairs of the Mercosur countries announced a 3% increase in the common external tariff as a temporary measure until the year 2000.
www.sice.oas.org /geograph/westernh/97/ovuru_e.asp   (1374 words)

  
 BBC NEWS | Business | Uruguay gets new economy minister
Uruguay's president has appointed Alejandro Atchugarry as the country's new economy minister.
Earlier this year the economy shrank by 10% in three months, as the effects of the Argentine crisis were felt across South America.
Uruguay is weighed down by billions of dollars of debt.
news.bbc.co.uk /1/hi/business/2148512.stm   (434 words)

  
 Uruguay - The Economy - GROWTH AND STRUCTURE
Uruguay's recent economic history can be divided into two starkly contrasting periods.
Advanced social welfare programs, which redistributed wealth from the livestock sector to the rest of the economy, raised the standard of living for a majority of the population and contributed to social harmony.
Thus, although Uruguay's economy was almost completely dependent on meat and wool exports, the strong earnings from those products helped to diversify the economy.
www.countrystudies.us /uruguay/45.htm   (293 words)

  
 4Reference || Economy of Uruguay   (Site not responding. Last check: 2007-10-21)
Uruguay's economy is characterized by an export-oriented agricultural sector, a well-educated workforce, relatively even income distribution, and high levels of social spending.
After averaging growth of 5% annually in 1996-98, in 1999 the economy suffered from lower demand in Argentina and Brazil, which together account for about half of Uruguay's exports.
Despite the severity of the trade shocks and ensuing recession, Uruguay's financial indicators remained more stable than those of its neighbors, a reflection of its solid reputation among investors and its investment-grade sovereign bond rating - one of only two in Latin America.
www.4reference.net /encyclopedias/wikipedia/Economy_of_Uruguay.html   (330 words)

  
 Uruguayan Peso, UYU, Information on the Currency of Uruguay
The central bank in Uruguay is Banco Central del Uruguay, and is led by bank President Walter Cancela.
Uruguay is dependent upon its neighboring countries' economies.
Uruguay's relationship with investors is positive, which is helpful in times when the economy is weak.
www.gocurrency.com /countries/uruguay.htm   (781 words)

  
 Uruguay Economy
Uruguay’s economy is based on free enterprise and private ownership.
As of February 2005, Uruguay's contributions amounted to 44% of the total UN peace keeping troops sent by the region (2,486 soldiers and officers in 11 UN peacekeeping missions).
As of August 2006, Uruguay had nearly 1,150 military personnel deployed to Haiti in support of MINUSTAH; its other major PKO troop deployment was in the Congo.
www.traveldocs.com /uy/economy.htm   (576 words)

  
 Uruguay - The Economy - Batllism
However, it was Uruguay's most significant political figure, José Batlle y Ordóñez (1903-07, 1911-15), who devised an overarching government strategy that took into account the growing urban population and set the tone for the nation's economic development for much of the 1900s.
The state was to regulate the economy, perform key activities, protect laborers from unfair working conditions, and minimize the influence that foreign-owned companies would have in Uruguay.
However, as many observers have pointed out, the restructuring of the economy that occurred under Batlle y Ordóñez and his successors did not extend to the roots of that economy, the livestock sector.
countrystudies.us /uruguay/49.htm   (489 words)

  
 Economy of Uruguay - Wikipedia, the free encyclopedia
Uruguay enjoys a positive investment climate, with a strong legal system and open financial markets.
It grants equal treatment to national and foreign investors and, aside from very few sectors, there is neither de jure nor de facto discrimination toward investment by source or origin.
Recent governments have carried out cautious programs of economic liberalization similar to those in many other Latin American countries.
en.wikipedia.org /wiki/Economy_of_Uruguay   (680 words)

  
 Economy of Uruguay -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-10-21)
Starting in late 2001, an economic crisis in (A republic in southern South America; second largest country in South America) Argentina undermined Uruguay's economy.
The government's strategy to stimulate growth is based on increasing exports, both to traditional partners in (Click link for more info and facts about MERCOSUR) MERCOSUR and to the (An international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its members) EU and North America.
Uruguay has traditionally favored substantial state involvement in the economy, and (Click link for more info and facts about privatization) privatization is still widely opposed.
www.absoluteastronomy.com /encyclopedia/e/ec/economy_of_uruguay.htm   (854 words)

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