During the twentieth century Uruguay showed marked cyclical fluctuations. In particular, in the last decades Uruguay exhibited periods of significant growth which turned out not to be sustainable and ended in deep crises. In this paper we intend to help explain Uruguay’s cyclical volatility by...

This paper explores the relationship between economic growth in reference to atmospheric pollution and air quality (CO2 and SO2, respectively) in Uruguay (a small-open economy) through the XX century. Departing from the theory behind the Environmental Kuznets Curve (EKC), a linear relationship...

Within a conceptual frame of territorial endogenous development, it shows an explanation of the economic development in the North-East of Uruguay. In order to analyze the economic activities in the territory three important dimensions are pointed out: innovative and competitive dynamics; the...

From a review of various theoretical approaches with an endogenous and territorial explanation of the development process is found evidence about economic development of a region depending on the interaction of four key factors: innovation, organization of production, urban agglomeration...

This paper explores the distributional impacts associated with the formation and management of the Exchange Difference Fund in Uruguay during the period 1937-1959. Under the economic crisis of the thirties and the implementation of mechanisms to cope with it, the government assumed the control...

This article discusses the public expenditure management in Uruguay between 1910 and 2000, in relation to the government resources oriented to social protection. It considers the domestic long run income-elasticity of the public expenditure. Then, it studies the cyclical performance of the total...