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Uruguay

In: Financial Reform in Developing Countries

Author

Listed:
  • Nelson Noya
  • Carlos Casacuberta
  • Fernando Lorenzo

Abstract

This chapter reviews the financial liberalization reforms undertaken in Uruguay and their long-run effects. The reforms enacted in the 1970s created an institutional framework that has survived a deep recession and a severe financial crisis (1981–83), several negative external shocks (such as the debt crisis of the early 1980s) and the transition from the military dictatorship to democracy in 1985.

Suggested Citation

  • Nelson Noya & Carlos Casacuberta & Fernando Lorenzo, 1998. "Uruguay," Palgrave Macmillan Books, in: José M. Fanelli & Rohinton Medhora (ed.), Financial Reform in Developing Countries, chapter 6, pages 156-193, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-26871-9_6
    DOI: 10.1007/978-1-349-26871-9_6
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