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

Carlos Bianchi and Fernando Isabella

Journal of Economic Policy Reform, 2025, vol. 28, issue 2, 142-162

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.

Date: 2025
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DOI: 10.1080/17487870.2024.2395850

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