Why Uruguay Is Better Than Argentina

Why Uruguay Is Better Than Argentina

Had already told them about my trip to Uruguay late last year. The impression with which I left this country is that Uruguay is in full growth and development. That could be seen in the numerous buildings that were being made and the business running at full capacity. In the talks I had with Uruguayan citizens also could feel the good mood in the situation where the economy is. I still have the picture from the air one could see large areas of land planted. Is that the boom in agricultural commodities is also felt in this country, a country that is struggling to develop and not rely solely on the productive sectors of the moment. I must confess that I was always intrigued by this idea exists for Uruguay because of its similarities with Argentina is like a province. Even all that is happening in Argentina strongly influence the neighboring country and generates both benefits and problems for the Uruguayan economy.

From Uruguay today, not really like idea that talk of similarities to Argentina. The economic policies pursued by the government of Tabare Vazquez seek to differentiate the course selected by Kirchner. And too bad he is not going to Uruguay in that distinguished from Argentina. It is public knowledge that the decision of the rating agency Standard & Poor’s to improve the rating of the long-term debt Uruguayan called both local currency and foreign currency, placing it at BB-, above the rating of Argentina’s debt . Agency analyst Sebastian Brioso, justified the decision saying: “The lower economic vulnerability of Uruguay and its commitment to sound macroeconomic policies support this improved rating.” According to want a view, these words may sound like a compliment to the economic policies carried out by Uruguay or as a criticism of the policies implemented by countries such as Argentina.

Comments are closed.