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Uruguay plants its growth

The South American country bet on diversifying its economy and found that the forestry sector and logistics were the best alternatives for growth.  |   By Diego Stewart   | The severe economic and financial crisis Uruguay faced just 13 years ago is only a distant memory now. In 2002, unemployment peaked at nearly 20 percent, 39 percent of the people lived in poverty, and exports were below $2 billion per year. Today, Uruguay’s unemployment rate is just 6.6 percent, its poverty index stands at 12.4 percent – the lowest in Latin America – and exports are five times as […]
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