Uruguay 2015: la opcion por el ajuste

Type Journal Article - REBELA-Revista Brasileira de Estudos Latino-Americanos
Title Uruguay 2015: la opcion por el ajuste
Author(s)
Volume 6
Issue 3
Publication (Day/Month/Year) 2017
URL https://rebela.emnuvens.com.br/pc/article/viewFile/285/676
Abstract
In 2014 were reached levels without preceding of the GDP, of the private investment and of
the foreign direct investment (FDI), of the number of people occupied in jobs without
restrictions, of the real wage and of the pensions; the number of people poor and unemployed
were reduced. In 2015 began the reversion of these trends and it is applying an adjustment
policy characterized by the contraction of the internal demand with an stable private
consumption and deep fall of the public investment, the use of public tariffs for increase the
public income, the real wages almost frozen, the loss of capacity of buy of the pensions, the
reduction of the number of people working and the stabilization of the number of people poor.
Increased the income of the local and foreign capital in form of interests of debt and profits of
foreign investment, and also the banking deposits of residents abroad. In a context of falling
extern demand policy was not proposed to compensate it with an increase in domestic demand,
which could be achieved with higher taxes on capital and profits, wages and public
investment increases.

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