Selected Issues Papers

Boosting Growth in Uruguay Through Structural Reforms and Artificial Intelligence

By Maria Alexandra Castellanos, Christopher Evans, Roberta Guarnieri, Hector Perez-Saiz

November 4, 2025

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

Maria Alexandra Castellanos, Christopher Evans, Roberta Guarnieri, and Hector Perez-Saiz. "Boosting Growth in Uruguay Through Structural Reforms and Artificial Intelligence", Selected Issues Papers 2025, 142 (2025), accessed November 5, 2025, https://doi.org/10.5089/9798229029636.018

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

Over the last decades, Uruguay has made significant progress in advancing structural reforms, positioning itself as a regional leader in governance, macroeconomic stability, and trade openness. However, despite these achievements, economic convergence has stalled, and key structural gaps remain. This paper provides a broad view of Uruguay’s structural reform landscape and artificial intelligence preparedness, identifying areas where policy action can unlock innovation, productivity growth and global competitiveness, and providing estimates of potential output gains. The paper concludes by outlining a set of reform priorities, highlighting the potential benefits of financial deepening, AI adoption, and other measures to enhance global competitiveness.

Subject: Exports, International trade, Labor, Labor markets, Macrostructural analysis, Production, Productivity, Structural reforms, Total factor productivity

Keywords: Artificial intelligence, Economic growth, Exports, Labor markets, Productivity, Structural reforms, Structural reforms, Total factor productivity

Publication Details

You May Also Be Interested In...

How Can Europe Pay for Things That It Can't Afford?

November 4, 2025

Industrial Policy Since the Great Financial Crisis

October 31, 2025

Labor Markets, Migration, and EU Integration in the Western Balkans

October 31, 2025

Uruguay: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Uruguay

October 30, 2025