Uruguay built unusually strong social and political institutions on a cattle-export economy, later combining welfare, state enterprises, financial openness and renewable energy; in 2026 its main constraint is not macro instability but slow productivity and demographic growth in a very small domestic market.
Uruguay built unusually strong social and political institutions on a cattle-export economy, later combining welfare, state enterprises, financial openness and renewable energy; in 2026 its main constraint is not macro instability but slow productivity and demographic growth in a very small domestic market.
Canonical publications where the country is material to the analysis.
A structural reconstruction of Mercosur as a political peace project, imperfect customs union, production network and external negotiating platform at the moment Bolivia is incorporated and the EU agreement enters provisional application.
Uruguay built unusually strong social and political institutions on a cattle-export economy, later combining welfare, state enterprises, financial openness and renewable energy; in 2026 its main constraint is not macro instability but slow productivity and demographic growth in a very small domestic market.