When inclusive growth is not enough: advances and limitations of development policies in Uruguay 2005–2019

Along most of the 2005–2019 period, Uruguay experienced an impressive economic growth. The country extended its public policies across industrial, technological, and social domains. However, there was a dearth of significant structural changes, constraining Uruguay’s ability to embark on a sustained developmental trajectory. Our findings reveal that the majority of implemented policies were designed to enhance competitiveness and build capabilities horizontally, rather than promoting structural changes. This allows us to discuss the dynamic nature of developmental processes marked by increasing policy challenges. In doing so, we stress the relevance of policy support and coordination to sustain inclusive growth processes.

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Publication Details

Journal
Journal of Economic Policy Reform
Published
2024-09-03
DOI
https://doi.org/10.1080/17487870.2024.2395850
Primary Topic
Innovation and Socioeconomic Development
Type
article
Field-Weighted Citation Impact
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article

When inclusive growth is not enough: advances and limitations of development policies in Uruguay 2005–2019

Fernando Isabella, Carlos Bianchi
Journal of Economic Policy Reform
Innovation and Socioeconomic Development
article

When inclusive growth is not enough: advances and limitations of development policies in Uruguay 2005–2019

Fernando Isabella, Carlos Bianchi
article en

Abstract

Along most of the 2005–2019 period, Uruguay experienced an impressive economic growth. The country extended its public policies across industrial, technological, and social domains. However, there was a dearth of significant structural changes, constraining Uruguay’s ability to embark on a sustained developmental trajectory. Our findings reveal that the majority of implemented policies were designed to enhance competitiveness and build capabilities horizontally, rather than promoting structural changes. This allows us to discuss the dynamic nature of developmental processes marked by increasing policy challenges. In doing so, we stress the relevance of policy support and coordination to sustain inclusive growth processes.

Journal of Economic Policy ReformVol. 28(2)
Universidad de la República de Uruguay (UY), Universidad de Montevideo (UY)
Openalex Percentile: Top 75%
Innovation and Socioeconomic Development
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When inclusive growth is not enough: advances and limitations of development policies in Uruguay 2005–2019 — Fernando Isabella, Carlos Bianchi · Journal of Economic Policy Reform (2024) | TGRS Research Map | TGRS