Uruguay's group of financial firms remains fairly small, although
there has been some expansion in recent years due to an extended period
of relative economic prosperity and increased interest from investors in
the region and from abroad. Specialisation is extremely uncommon, if
not nonexistent, although some firms are definitely more prepared for
specific types of transactions than others....
CONTEXT AND TRENDS
Uruguay is looking forward in a year in which the country witnessed the enactment of its first meaningful law regarding the formation of public-private partnerships (PPP) between private investors and the government last July. The country had other reasons to celebrate as well, namely the continuation of high global commodities prices and the return to 'investment grade' status for government debt....