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Uruguayan Economy to Recover in Two Possible Scenarios
05/31/09 06:39
According to local economist Ceres and its leading economist Ernesto Talvi, Uruguayan economy will have two way scenarios in coping for the impact of global economic downturn. The two possible scenarios are the V shape recovery and L shape recovery at world level. In the V recovery hypothesis, the Uruguayan economy will be experiencing mild recession and recovers in 2010.In L shape hypothesis , Uruguayan economy will suffer a recession in 2009 and 2010 and will gradually recover but suffering an economic collapse is not considered. Whole article on the link below.
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