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Historical Development Of Uruguay'S Economy

Author

Listed:
  • Ľudmila Lipková

    (Fakulta medzinárodných vzťahov, Ekonomická univerzita v Bratislave)

Abstract

The paper deals with the peculiarities of the economic history of the state of Uruguay. The aim of the paper is to evaluate the specifics of social development in the territory of the Eastern Republic of Uruguay after its colonization and gaining independence until the end of the 20th century. In the history of the world economy, this country with limited economic potential has experienced a remarkable development. Favorable internal conditions and external factors have led to Uruguay's prosperity since the end of the 19th century. The welfare of the country was based mainly on the breeding of cattle and its exports. Until the end of the 20th century, Uruguay alternated not only periods of economic prosperity and crisis, but also periods of democratic governments and military dictatorships.

Suggested Citation

  • Ľudmila Lipková, 2020. "Historical Development Of Uruguay'S Economy," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 15(3), pages 46-60.
    • Handle: RePEc:brv:almnch:v:10:y:2020:i:3:p:46-60
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    File URL: https://fmv.euba.sk/RePEc/brv/almnch/A2020-3.pdf
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    References listed on IDEAS

    as
    1. Brainerd, Elizabeth & Siegler, Mark V, 2003. "The Economic Effects of the 1918 Influenza Epidemic," CEPR Discussion Papers 3791, C.E.P.R. Discussion Papers.
    2. Thomas A. Garrett, 2009. "War And Pestilence As Labor Market Shocks: U.S. Manufacturing Wage Growth 1914–1919," Economic Inquiry, Western Economic Association International, vol. 47(4), pages 711-725, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Uruguay; agriculture; exports; prosperity; democratic and undemocratic governments;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • K41 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Litigation Process

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