Urugay - consultations with civil society around social programs in structural adjustment loans : Uruguay - consultas con la sociedad civil respecto de los programas sociales en los prestamos de ajuste estructural (espagnol)

Uruguay is a small open economy with one of the highest GDP per capita ratios in the region. The country's recent poor growth performance has been strongly correlated with neighboring Argentina's economic crisis. In 2002, Argentina's GDP contracted by 10.2 percent, and Uruguay's by 10.8 percent. This recession has hurt the country's social welfare and increased both poverty and unemployment sharply.
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