Uruguay Policy Notes : Challenges and Opportunities 2010-2015

The policy notes have two objectives: (i) to present the incoming government team with a menu of policy options in areas where the World Bank has local and international experience; and (ii) to provide a framework for the dialogue between the new g...

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Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2010/06/12716292/uruguay-policy-notes-challenges-opportunities-2010-2015
http://hdl.handle.net/10986/18524
id okr-10986-18524
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AMORTIZATION
BALANCE OF PAYMENTS
BANK OFFICE
BANKING SYSTEM
BANKRUPTCY
BENEFICIARIES
BORROWING
BOTTLENECKS
BROKERS
BUDGET REVIEW
BUDGETING
CAPITAL FLOWS
CAPITAL FUNDS
CAPITAL INFLOWS
CAPITAL INVESTMENTS
CAPITAL MARKET
CAPITAL MARKET ACTIVITY
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKETS
CAPITAL MARKETS DEVELOPMENT
CARBON EMISSIONS
CENTRAL BANK
CENTRAL GOVERNMENT FINANCING
CLIMATE CHANGE
COMMERCIAL BANK
COMMERCIAL BANK LOANS
CONFLICTS OF INTEREST
CORPORATE GOVERNANCE
COST ESTIMATES
CURRENCY
CURRENCY MISMATCHES
CURRENT ACCOUNT
CUSTODY
DEBT BURDEN
DEBT ISSUANCES
DEBT ISSUE
DEBT ISSUES
DEFICITS
DEVELOPMENT BANK
DISADVANTAGED POPULATIONS
DOMESTIC BONDS
DOMESTIC DEBT
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIES OF SCALE
EDUCATION SPENDING
EDUCATION SYSTEM
EDUCATION SYSTEMS
EMERGING ECONOMIES
EMISSIONS
EMPLOYEE
ENROLLMENT
ENVIRONMENTAL IMPACTS
EQUALITY OF OPPORTUNITY
EQUIPMENT
EXCHANGE RATE
EXCLUSION
EXPORT COMPETITIVENESS
EXPORT GROWTH
EXTERNAL FINANCING
EXTERNAL SHOCKS
FAMILIES
FAMILY FARMS
FAMILY INCOME
FINANCIAL EFFICIENCY
FINANCIAL INSTRUMENTS
FINANCIAL MANAGEMENT
FINANCIAL VIABILITY
FINANCING REQUIREMENTS
FISCAL DISCIPLINE
FISCAL POLICY
FLEXIBLE EXCHANGE RATE
FOREIGN CURRENCIES
FREIGHT
FREIGHT OPERATIONS
FREIGHT TRANSPORT
FUEL
GENDER
GOVERNMENT EXPENDITURES
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASSES
GROSS DOMESTIC PRODUCT
HEAVY TRUCKS
HIGHWAY
HIGHWAY INVESTMENT
HIGHWAYS
HOUSEHOLD INCOME
HOUSEHOLDS
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN RESOURCE
HUMAN RESOURCES
INCOME INEQUALITY
INCOME LEVEL
INCOME TAX
INEQUALITIES
INFLATION
INFLATIONARY PRESSURES
INFORMATION DISCLOSURE
INFORMATION SYSTEM
INFRASTRUCTURE FINANCING
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INSPECTION
INSURANCE
INTEREST RATES
INTERNATIONAL DEBT
INTERNATIONAL FINANCIAL CRISIS
INTERNATIONAL MARKETS
INTERNATIONAL STANDARDS
INTERNATIONAL TRADE
INVESTMENT CLIMATE
INVESTMENT INSTRUMENT
INVESTMENT PROJECTS
INVESTOR CONFIDENCE
LABOR MARKET
LAND TRANSPORT
LAND USE
LEGAL FRAMEWORK
LOCAL FINANCE
LONG-TERM INVESTMENTS
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICY
MARKET CAPITALIZATION
MARKET MECHANISMS
METHANE
MINISTRY OF TRANSPORT
MODE OF TRANSPORT
MODES OF TRANSPORT
MONETARY FUND
MONETARY POLICY
NATIONAL HIGHWAYS
NATIONAL SAVINGS
NATIONAL TRANSPORT
NATIONAL TREASURY
NET DEBT
OPERATING COSTS
PASSENGER SERVICES
PENSION
PENSION FUND
PENSION FUNDS
PENSION REFORMS
PENSION SYSTEMS
POLICY ENVIRONMENTS
PORT INFRASTRUCTURE
PORT SERVICES
PORTFOLIO
PRICE VOLATILITY
PRIVATE CORPORATE DEBT
PRIVATE FINANCIAL INSTITUTIONS
PRIVATE INVESTMENT
PUBLIC DEBT
PUBLIC EDUCATION
PUBLIC FINANCES
PUBLIC INVESTMENT
PUBLIC INVESTMENTS
PUBLIC OFFERINGS
PUBLIC SAVINGS
PUBLIC SECTOR DEBT
PUBLIC SPENDING
PUBLIC TRANSPORT
PUBLIC TRANSPORT INVESTMENTS
PUBLIC WORKS
PUBLIC-PRIVATE PARTNERSHIP
RAIL
RAIL NETWORK
RAIL SECTOR
RAIL SERVICE
RAIL SYSTEM
RAILROAD
RAILROADS
RAILWAY
RAILWAY SYSTEM
RAILWAYS
RATES OF RETURN
REGIONAL TRANSPORT
REGULATORY FRAMEWORK
RESERVE
RESERVES
RETURN
RISK MANAGEMENT
ROAD
ROAD INVESTMENT
ROAD LINKS
ROAD SECTOR
ROADS
ROLLING STOCK
SANITATION
SCHOLARSHIPS
SECURITIES
SOCIAL DEVELOPMENT
SOCIAL SECURITY
SOCIOECONOMIC BACKGROUNDS
SOVEREIGN DEBT
STOCK MARKET
STOCK MARKETS
TAX CODE
TAX INCENTIVES
TAX TREATMENT
TECHNICAL SUPPORT
TELECOMMUNICATIONS
TELEPHONE LINES
TRADE FACILITATION
TRADING
TRAFFIC
TRANSIT
TRANSPARENCY
TRANSPORT COSTS
TRANSPORT POLICY
TRANSPORT SECTOR
TRANSPORT SYSTEM
TRANSPORTATION
TRUE
UNEMPLOYMENT
UNEMPLOYMENT INSURANCE
UNION
UNIVERSAL ACCESS
VALUABLE ASSETS
VEHICLE
spellingShingle ACCOUNTING
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AMORTIZATION
BALANCE OF PAYMENTS
BANK OFFICE
BANKING SYSTEM
BANKRUPTCY
BENEFICIARIES
BORROWING
BOTTLENECKS
BROKERS
BUDGET REVIEW
BUDGETING
CAPITAL FLOWS
CAPITAL FUNDS
CAPITAL INFLOWS
CAPITAL INVESTMENTS
CAPITAL MARKET
CAPITAL MARKET ACTIVITY
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKETS
CAPITAL MARKETS DEVELOPMENT
CARBON EMISSIONS
CENTRAL BANK
CENTRAL GOVERNMENT FINANCING
CLIMATE CHANGE
COMMERCIAL BANK
COMMERCIAL BANK LOANS
CONFLICTS OF INTEREST
CORPORATE GOVERNANCE
COST ESTIMATES
CURRENCY
CURRENCY MISMATCHES
CURRENT ACCOUNT
CUSTODY
DEBT BURDEN
DEBT ISSUANCES
DEBT ISSUE
DEBT ISSUES
DEFICITS
DEVELOPMENT BANK
DISADVANTAGED POPULATIONS
DOMESTIC BONDS
DOMESTIC DEBT
ECONOMIC ACTIVITIES
ECONOMIC ACTIVITY
ECONOMIES OF SCALE
EDUCATION SPENDING
EDUCATION SYSTEM
EDUCATION SYSTEMS
EMERGING ECONOMIES
EMISSIONS
EMPLOYEE
ENROLLMENT
ENVIRONMENTAL IMPACTS
EQUALITY OF OPPORTUNITY
EQUIPMENT
EXCHANGE RATE
EXCLUSION
EXPORT COMPETITIVENESS
EXPORT GROWTH
EXTERNAL FINANCING
EXTERNAL SHOCKS
FAMILIES
FAMILY FARMS
FAMILY INCOME
FINANCIAL EFFICIENCY
FINANCIAL INSTRUMENTS
FINANCIAL MANAGEMENT
FINANCIAL VIABILITY
FINANCING REQUIREMENTS
FISCAL DISCIPLINE
FISCAL POLICY
FLEXIBLE EXCHANGE RATE
FOREIGN CURRENCIES
FREIGHT
FREIGHT OPERATIONS
FREIGHT TRANSPORT
FUEL
GENDER
GOVERNMENT EXPENDITURES
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASSES
GROSS DOMESTIC PRODUCT
HEAVY TRUCKS
HIGHWAY
HIGHWAY INVESTMENT
HIGHWAYS
HOUSEHOLD INCOME
HOUSEHOLDS
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN RESOURCE
HUMAN RESOURCES
INCOME INEQUALITY
INCOME LEVEL
INCOME TAX
INEQUALITIES
INFLATION
INFLATIONARY PRESSURES
INFORMATION DISCLOSURE
INFORMATION SYSTEM
INFRASTRUCTURE FINANCING
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INSPECTION
INSURANCE
INTEREST RATES
INTERNATIONAL DEBT
INTERNATIONAL FINANCIAL CRISIS
INTERNATIONAL MARKETS
INTERNATIONAL STANDARDS
INTERNATIONAL TRADE
INVESTMENT CLIMATE
INVESTMENT INSTRUMENT
INVESTMENT PROJECTS
INVESTOR CONFIDENCE
LABOR MARKET
LAND TRANSPORT
LAND USE
LEGAL FRAMEWORK
LOCAL FINANCE
LONG-TERM INVESTMENTS
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICY
MARKET CAPITALIZATION
MARKET MECHANISMS
METHANE
MINISTRY OF TRANSPORT
MODE OF TRANSPORT
MODES OF TRANSPORT
MONETARY FUND
MONETARY POLICY
NATIONAL HIGHWAYS
NATIONAL SAVINGS
NATIONAL TRANSPORT
NATIONAL TREASURY
NET DEBT
OPERATING COSTS
PASSENGER SERVICES
PENSION
PENSION FUND
PENSION FUNDS
PENSION REFORMS
PENSION SYSTEMS
POLICY ENVIRONMENTS
PORT INFRASTRUCTURE
PORT SERVICES
PORTFOLIO
PRICE VOLATILITY
PRIVATE CORPORATE DEBT
PRIVATE FINANCIAL INSTITUTIONS
PRIVATE INVESTMENT
PUBLIC DEBT
PUBLIC EDUCATION
PUBLIC FINANCES
PUBLIC INVESTMENT
PUBLIC INVESTMENTS
PUBLIC OFFERINGS
PUBLIC SAVINGS
PUBLIC SECTOR DEBT
PUBLIC SPENDING
PUBLIC TRANSPORT
PUBLIC TRANSPORT INVESTMENTS
PUBLIC WORKS
PUBLIC-PRIVATE PARTNERSHIP
RAIL
RAIL NETWORK
RAIL SECTOR
RAIL SERVICE
RAIL SYSTEM
RAILROAD
RAILROADS
RAILWAY
RAILWAY SYSTEM
RAILWAYS
RATES OF RETURN
REGIONAL TRANSPORT
REGULATORY FRAMEWORK
RESERVE
RESERVES
RETURN
RISK MANAGEMENT
ROAD
ROAD INVESTMENT
ROAD LINKS
ROAD SECTOR
ROADS
ROLLING STOCK
SANITATION
SCHOLARSHIPS
SECURITIES
SOCIAL DEVELOPMENT
SOCIAL SECURITY
SOCIOECONOMIC BACKGROUNDS
SOVEREIGN DEBT
STOCK MARKET
STOCK MARKETS
TAX CODE
TAX INCENTIVES
TAX TREATMENT
TECHNICAL SUPPORT
TELECOMMUNICATIONS
TELEPHONE LINES
TRADE FACILITATION
TRADING
TRAFFIC
TRANSIT
TRANSPARENCY
TRANSPORT COSTS
TRANSPORT POLICY
TRANSPORT SECTOR
TRANSPORT SYSTEM
TRANSPORTATION
TRUE
UNEMPLOYMENT
UNEMPLOYMENT INSURANCE
UNION
UNIVERSAL ACCESS
VALUABLE ASSETS
VEHICLE
World Bank
Uruguay Policy Notes : Challenges and Opportunities 2010-2015
geographic_facet Latin America & Caribbean
Uruguay
description The policy notes have two objectives: (i) to present the incoming government team with a menu of policy options in areas where the World Bank has local and international experience; and (ii) to provide a framework for the dialogue between the new governments and the World Bank on the new Country Partnership Strategy (CPS). As such, the discussion of these notes with the authorities was also an opportunity to undertake preliminary consultations on the Bank's support to Uruguay for 2010-2015. The themes of the notes were selected by the outgoing authorities based on ongoing and completed World Bank work, and they prioritize areas where Bank cooperation would add the most value. Uruguay's economy is small, but it has many strengths and high potential for growth and social development. The country has a long democratic tradition, a political system characterized by clear rules of the game and governability, and solid institutions at all levels. Uruguay is one of the most equitable countries in Latin America and enjoys a social peace notable in the region. Good macroeconomic management following the 2002 crisis has reduced country vulnerabilities and strengthened confidence in its institutions. These characteristics are very valuable assets for promoting foreign and domestic investment, essential to sustain the high growth achieved in recent years. Another asset is the high coverage of the education system, although education quality has recently become a challenge.
format Economic & Sector Work :: Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Uruguay Policy Notes : Challenges and Opportunities 2010-2015
title_short Uruguay Policy Notes : Challenges and Opportunities 2010-2015
title_full Uruguay Policy Notes : Challenges and Opportunities 2010-2015
title_fullStr Uruguay Policy Notes : Challenges and Opportunities 2010-2015
title_full_unstemmed Uruguay Policy Notes : Challenges and Opportunities 2010-2015
title_sort uruguay policy notes : challenges and opportunities 2010-2015
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2010/06/12716292/uruguay-policy-notes-challenges-opportunities-2010-2015
http://hdl.handle.net/10986/18524
_version_ 1764440836984012800
spelling okr-10986-185242021-04-23T14:03:45Z Uruguay Policy Notes : Challenges and Opportunities 2010-2015 World Bank ACCOUNTING AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AMORTIZATION BALANCE OF PAYMENTS BANK OFFICE BANKING SYSTEM BANKRUPTCY BENEFICIARIES BORROWING BOTTLENECKS BROKERS BUDGET REVIEW BUDGETING CAPITAL FLOWS CAPITAL FUNDS CAPITAL INFLOWS CAPITAL INVESTMENTS CAPITAL MARKET CAPITAL MARKET ACTIVITY CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CAPITAL MARKETS DEVELOPMENT CARBON EMISSIONS CENTRAL BANK CENTRAL GOVERNMENT FINANCING CLIMATE CHANGE COMMERCIAL BANK COMMERCIAL BANK LOANS CONFLICTS OF INTEREST CORPORATE GOVERNANCE COST ESTIMATES CURRENCY CURRENCY MISMATCHES CURRENT ACCOUNT CUSTODY DEBT BURDEN DEBT ISSUANCES DEBT ISSUE DEBT ISSUES DEFICITS DEVELOPMENT BANK DISADVANTAGED POPULATIONS DOMESTIC BONDS DOMESTIC DEBT ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIES OF SCALE EDUCATION SPENDING EDUCATION SYSTEM EDUCATION SYSTEMS EMERGING ECONOMIES EMISSIONS EMPLOYEE ENROLLMENT ENVIRONMENTAL IMPACTS EQUALITY OF OPPORTUNITY EQUIPMENT EXCHANGE RATE EXCLUSION EXPORT COMPETITIVENESS EXPORT GROWTH EXTERNAL FINANCING EXTERNAL SHOCKS FAMILIES FAMILY FARMS FAMILY INCOME FINANCIAL EFFICIENCY FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL VIABILITY FINANCING REQUIREMENTS FISCAL DISCIPLINE FISCAL POLICY FLEXIBLE EXCHANGE RATE FOREIGN CURRENCIES FREIGHT FREIGHT OPERATIONS FREIGHT TRANSPORT FUEL GENDER GOVERNMENT EXPENDITURES GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASSES GROSS DOMESTIC PRODUCT HEAVY TRUCKS HIGHWAY HIGHWAY INVESTMENT HIGHWAYS HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL HUMAN DEVELOPMENT HUMAN RESOURCE HUMAN RESOURCES INCOME INEQUALITY INCOME LEVEL INCOME TAX INEQUALITIES INFLATION INFLATIONARY PRESSURES INFORMATION DISCLOSURE INFORMATION SYSTEM INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INSPECTION INSURANCE INTEREST RATES INTERNATIONAL DEBT INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT INSTRUMENT INVESTMENT PROJECTS INVESTOR CONFIDENCE LABOR MARKET LAND TRANSPORT LAND USE LEGAL FRAMEWORK LOCAL FINANCE LONG-TERM INVESTMENTS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICY MARKET CAPITALIZATION MARKET MECHANISMS METHANE MINISTRY OF TRANSPORT MODE OF TRANSPORT MODES OF TRANSPORT MONETARY FUND MONETARY POLICY NATIONAL HIGHWAYS NATIONAL SAVINGS NATIONAL TRANSPORT NATIONAL TREASURY NET DEBT OPERATING COSTS PASSENGER SERVICES PENSION PENSION FUND PENSION FUNDS PENSION REFORMS PENSION SYSTEMS POLICY ENVIRONMENTS PORT INFRASTRUCTURE PORT SERVICES PORTFOLIO PRICE VOLATILITY PRIVATE CORPORATE DEBT PRIVATE FINANCIAL INSTITUTIONS PRIVATE INVESTMENT PUBLIC DEBT PUBLIC EDUCATION PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC OFFERINGS PUBLIC SAVINGS PUBLIC SECTOR DEBT PUBLIC SPENDING PUBLIC TRANSPORT PUBLIC TRANSPORT INVESTMENTS PUBLIC WORKS PUBLIC-PRIVATE PARTNERSHIP RAIL RAIL NETWORK RAIL SECTOR RAIL SERVICE RAIL SYSTEM RAILROAD RAILROADS RAILWAY RAILWAY SYSTEM RAILWAYS RATES OF RETURN REGIONAL TRANSPORT REGULATORY FRAMEWORK RESERVE RESERVES RETURN RISK MANAGEMENT ROAD ROAD INVESTMENT ROAD LINKS ROAD SECTOR ROADS ROLLING STOCK SANITATION SCHOLARSHIPS SECURITIES SOCIAL DEVELOPMENT SOCIAL SECURITY SOCIOECONOMIC BACKGROUNDS SOVEREIGN DEBT STOCK MARKET STOCK MARKETS TAX CODE TAX INCENTIVES TAX TREATMENT TECHNICAL SUPPORT TELECOMMUNICATIONS TELEPHONE LINES TRADE FACILITATION TRADING TRAFFIC TRANSIT TRANSPARENCY TRANSPORT COSTS TRANSPORT POLICY TRANSPORT SECTOR TRANSPORT SYSTEM TRANSPORTATION TRUE UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNION UNIVERSAL ACCESS VALUABLE ASSETS VEHICLE The policy notes have two objectives: (i) to present the incoming government team with a menu of policy options in areas where the World Bank has local and international experience; and (ii) to provide a framework for the dialogue between the new governments and the World Bank on the new Country Partnership Strategy (CPS). As such, the discussion of these notes with the authorities was also an opportunity to undertake preliminary consultations on the Bank's support to Uruguay for 2010-2015. The themes of the notes were selected by the outgoing authorities based on ongoing and completed World Bank work, and they prioritize areas where Bank cooperation would add the most value. Uruguay's economy is small, but it has many strengths and high potential for growth and social development. The country has a long democratic tradition, a political system characterized by clear rules of the game and governability, and solid institutions at all levels. Uruguay is one of the most equitable countries in Latin America and enjoys a social peace notable in the region. Good macroeconomic management following the 2002 crisis has reduced country vulnerabilities and strengthened confidence in its institutions. These characteristics are very valuable assets for promoting foreign and domestic investment, essential to sustain the high growth achieved in recent years. Another asset is the high coverage of the education system, although education quality has recently become a challenge. 2014-06-05T19:24:31Z 2014-06-05T19:24:31Z 2010-06-22 http://documents.worldbank.org/curated/en/2010/06/12716292/uruguay-policy-notes-challenges-opportunities-2010-2015 http://hdl.handle.net/10986/18524 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Latin America & Caribbean Uruguay