Is Uruguay More Resilient This Time? Distributional Impacts of a Crisis Similar to the 2001–02 Argentine Crisis

The 2001–02 Argentine crisis had a profound impact on Uruguay’s economy. Uruguay’s gross domestic product shrank by 17.5 percent, and the proportion of people living below the poverty line doubled in only two years. It took almost 10 years for the poverty rate to recover to its precrisis level. T...

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Bibliographic Details
Main Authors: Oscar Barriga Cabanillas, María Ana Lugo, Hannah Nielsen, Carlos Rodríguez-Castelán, María Pía Zanetti
Format: Article
Language:English
Published: University of Warsaw 2015-08-01
Series:Journal of Banking and Financial Economics
Subjects:
Online Access:https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1087&context=jbfe