Stubbornly high inflation in Uruguay for another two years forecasts Capital Economics

Friday, May 10th 2013 - 06:30 UTC

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Uruguay’s stubbornly high inflation is as much structural in nature as it is due cyclical factors and to bring it down requires changes in fiscal policy, tackling widespread salary indexation and policymakers need to enhance their credibility according to Capital Economics. Read full article

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ChrisR
We all now what one of the solutions is: get rid / reduce the dead hand of this government by shedding government 'employees, retraining them into productive areas and entice new businesses to Uruguay.

Would it work? NO.

Once the interested businesses realise how badly the deck is stacked against them in terms of meddling unions and ineffective top officials nobody in their right mind would set up here.
May 10th, 2013 - 06:00 pm - Link - Report abuse 0
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