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Why Argentina’s country risk is 18 times higher than Uruguay’s

By Juan Pablo Álvarez

The 21st century started turbulently on both sides of the La Plata River: both Uruguay and Argentina faced an economic and financial crisis in the early 2000s, which affected not only their citizens but also the ability of the states to meet their commitments to creditors.

However, more than two decades later, the credit evolution of both countries has been entirely divergent.

The Uruguayan state has consolidated with the Chilean state as one of the safest in the region for international investors.

Today, the Uruguayan government has the lowest Subscribe to our Premium Membership Plan. Already Subscribed?

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