Uruguay’s uncommon strengths and development dilemmas

We focus here on this relatively small Latin American country’s accomplishments amidst the tumultuous economies and political developments of its surrounding neighbors. One of the challenges going forward will be maintaining its social welfare system, which was established over a century ago. While this is a country with a stable democracy and progressive social values, what Uruguay will need as it looks towards the 2019 presidential elections is a candidate that will transform and diversify the economy so that the country can compete with much larger players on the global scale. Among the ways the economy can progress further are greater investments in its renewable energy and banking at the regional level; but issues such as an underperforming educational system and increased perceptions of violence crime might be impeding this development.

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