Uruguay's Strong Institutions and Stable Economy Allow It to Withstand Argentina's Economic Crisis
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Uruguay's economy is strong with low inflation, a stable currency, and ability to cut interest rates, unlike crisis-hit Argentina.
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Uruguay has built strong institutions and is less susceptible to shocks from Argentina compared to before.
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Uruguay's peso is much stronger than Argentina's, with its reserves stable while Argentina's are negative.
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Lower inflation allows Uruguay to cut rates to boost growth, while Argentina's soaring rates hinder its economy.
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Uruguay seen as a regional example of how solid institutions can transform an economy.
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