Departmental Papers

Paraguay: Addressing the Stagnation and Instability Trap

By Alejandro Santos

December 7, 2009

Preview Citation

Format: Chicago

Alejandro Santos. Paraguay: Addressing the Stagnation and Instability Trap, (USA: International Monetary Fund, 2009) accessed December 22, 2024

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

Paraguay: Addressing the Stagnation and Instability Trap provides an overview of the analytical insights and policy challenges that a country faces while on the path to sustained growth with stability. It covers a wide range of themes, including improving macroeconomic assessments and policy implementation, eliminating turbulence and deepening financial reforms, and, most important of all, enhancing growth performance and reducing poverty. This book provides useful guidance for policymakers by examining the improvements in policy implementation in Paraguay since the regional crisis of 2002. The chapters discuss how to correct economic imbalances and institutional shortcomings in the context of an economic reform program. The results have been impressive with the Paraguayan economy experiencing the highest growth in a quarter of a century and the strongest financial system in decades.

Subject: Banking, Currencies, Exchange rates, Financial crises, Foreign exchange, Inflation, Money, Prices, Real effective exchange rates, Real exchange rates

Keywords: Asia and Pacific, Caribbean, Central bank, Consumer price index, Core inflation, Currencies, Desk economist, DP, DPPP, East Asia, Empresa de Servicios Sanitarios de Paraguay, Exchange rate, Exchange rates, Financial system, Global, IMF's Monetary, Inflation, Interest rate, Near-term outlook, Nominal exchange rate, Output gap, Private sector, Real effective exchange rates, Real exchange rates, Real GDP, Resident Representative Office of the IMF, South America, U.S. dollar, Western Hemisphere

Publication Details

  • Pages:

    334

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Departmental Paper No. 2009/004

  • Stock No:

    PASIEA

  • ISBN:

    9781589068520

  • ISSN:

    2616-5333