MercoPress. South Atlantic News Agency
Inflation and competitiveness, Uruguay's main challenges for next year and a slower growing economy
Inflation and competitiveness are the two main macroeconomic challenges faced by Uruguay and does not anticipate an easy 'soft landing', at 3% growth rates in coming years, according to Deloitte during a conference on “Prospects for 2014 and economic challenges for the next government”. Read full article
Comments
Disclaimer & comment rulesUruguay's inflation is a socialist phenomena, double digit salary increases every year, but no productivity gains and the longer the poorer motivation in the workforce.
Dec 03rd, 2013 - 08:06 am - Link - Report abuse 0The currency is strongly overvalued and belongs into the range between 30-35, and not 24 as predicted by Deloitte! All up to politics, they do an extremely poor job which finally leads to disaster!
It's a musical chairs game the leftist government (which would like to be reelected soon) is playing with their people. And the people - as poorly educated the majority is - don't get it and believe that it's gona go on for ever.
Hans
Dec 03rd, 2013 - 01:36 pm - Link - Report abuse 0I have a gut feeling that in spite of all the ballyhoo that this government blethers about education their agenda is something else.
Looking through history it has always been in the interest of some states to have a under educated bottom class on whom they can rely by giving them bread and circuses
Romans? French sans culottes? Peronist descamisados? La Campora?
Need I go on?
@ 2 redp0ll
Dec 03rd, 2013 - 05:46 pm - Link - Report abuse 0I know I have only been here just short of three years but the basic working people over here are remarkable uninterested in anything that would tax their brains. Nice people but lazy (even the ones with jobs).
It seems to me that anybody who seems “one of the people” as Pepe does is seen almost a saviour from the dastardly capitalists who have workers over a barrel, blah, blah, blah. And perhaps they are correct.
Why is it that inflation (already over two digits in the real world) is “stubborn” (is it really a living thing?). Could it be the fact that Pepe and his drunken bums have pissed away Vasquez’s good economy paying for bread and circuses (The Social Inclusion Programme for a kick-off) and packing the government with lazy dead-heads who want nothing to do with the people they are there to “serve”? Hush my mouth, “serve”, don’t I mean we should all bow down to these pratts when we need them to actually DO something for us, because that is certainly the way I feel whenever I have to have contact with them. But I bet they vote Broad Front.
“”The risk that inflation could become two digits is not a discarded risk“ emphasized Schandy.” This woman needs to get out a bit more and try buying things to live off, or better still take more lemonade with it.
Well Chris, you will shortly have a vote. Get out and use it
Dec 03rd, 2013 - 06:42 pm - Link - Report abuse 0@ 4 redp0ll
Dec 03rd, 2013 - 09:21 pm - Link - Report abuse 0Can't wait!
@2 redpoll:
Dec 03rd, 2013 - 09:26 pm - Link - Report abuse 0You are right.
Laptops for all Uruguayan school kids, what a great idea! Resulting that my casero's kids playing computer games day and night, if a wifi available.
Applauded by lazy and irresponsible parents, and great to keep the kids stupid and manipulate them easily.
Sad enough, that the very same strategy is applied all over Latin America, but also in the (more) developed world.
This is 'modern' bread and circuses!
Wasn't 'bread and circuses' the end of the Roman empire?
History repeats itself, again and again.
@ 6 & 2
Dec 04th, 2013 - 03:25 pm - Link - Report abuse 0The problem everywhere in handing out laptops to every child is an easy one to predict.
ALL governments think that is all they have to do.
NO training of the teacher's: ”they know all about computers don't they? Actually, NO, they don't.
No support in location: well, they are new computers, why would anybody need support? Try turning any computer ON when you have no idea what it is.
Very often the software is bespoke and not intuitive and just as often goes wrong.
No real thought is given before the event of what is expected from the programme, so how can it be evaluated?
If you think this is limited to SA think again. The UK had ALL of these problems due to the Ministry of Education NOT KNOWING what a computer was or how to deal with them.
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