Uruguay has made remarkable progress over the past decade. Stable macroeconomic policies and a favourable external environment have permitted brisk growth and the financing of social policies. Substantial improvements in several dimensions of human well-being have occurred during this period, alongside considerable reductions in external risks. The conditions ahead, however, may present challenges to maintaining performance. Overcoming these challenges will require finding the appropriate balance between long run objectives and macroeconomic and fiscal stability.
One of the main obstacles to economic growth is the insufficient and inadequate provision of human capital and skills. A number of challenges remain for education, which, together with fiscal policy, are key means of reducing inequalities and sustaining economic growth. In addition, Uruguay needs to address labour shortages to avoid constraints on future growth, especially as exports become more skills-intensive. It is important to orient social policies and expenditures towards the most vulnerable groups.
14th International Economic Forum on Africa / Securing livelihoods / Emerging Senegal Plan
Development Week 2014 / Latin American Network of Regional Policies / Asian Regional Roundtable
El primer volumen del Estudio Multi-dimensional de Uruguay destaca los notables progresos alcanzados por éste durante el último decenio. Medidas macroeconómicas estables y un favorable entorno exterior han permitido un crecimiento dinámico, así como el financiamiento de políticas sociales.
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Report from the Roundtable and High-Level Panel on Gender equality in the post-2015 agenda. The importance of social norms for inclusive development.
Drawing from its recent Economic Outlook reports on Asia and Africa, the OECD Development Centre will help the Community of Portuguese-speaking countries (CPLP) assess those prospects and reflect on policy options at their Heads of States’ Summit in Dili, Timor Leste, on 24 July.
Fourth OECD-AMRO-ADB Asian Regional Roundtable on Near-term Macro and Medium-term Growth and Development Challenges
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The Development Centre of the OECD is a special platform for knowledge-sharing and evidence-based policy dialogue where developing countries, emerging economies and OECD member countries interact on an equal footing. The inclusive nature of its membership, coupled with its expertise, helps to find innovative policy solutions to pressing development challenges.
The first volume of the Multidimensional Country Review (MDCR) for Uruguay highlights the remarkable progress made by the country over the past decade. Stable macroeconomic policies and a favourable external environment have permitted brisk growth and the financing of social policies.
Based on recent trends, many middle-income countries are not growing fast enough to reach average income levels in the OECD countries by 2050. This includes several lower middle-income countries – such as India, Indonesia and Viet Nam – but also countries in the upper middle-income bracket, such as Brazil, Colombia, Mexico, and South Africa, said OECD Secretary-General.