Economic Growth In Paraguay
Download Economic Growth In Paraguay full books in PDF, epub, and Kindle. Read online free Economic Growth In Paraguay ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : Michael J. Pisani |
Publisher | : Springer Nature |
Total Pages | : 181 |
Release | : 2019-08-21 |
Genre | : Business & Economics |
ISBN | : 3030243931 |
For several years, the government of Paraguay has sought to address the issue of informality, both as a response to poverty reduction and a means to expand its tax base. While effort has been undertaken to describe informality, the government lacks the capacity and perhaps the will to analyze the phenomenon through a robust empirical lens. Hence, little is known about the informal economy beyond anecdotes, personal interactions, and description. This book is the first to comprehensively, rigorously, and empirically study the determinants of informality in Paraguay. This book is of vital interest to those studying the Paraguayan economy, development economics, Latin American economics, and informality.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 38 |
Release | : 2009-06-12 |
Genre | : Business & Economics |
ISBN | : 1451832583 |
After five years of Paraguay’s high growth led, in part by agro-exporting sectors, the external environment has turned less favorable, with a sharp decline of export prices and a curtailment of external credit lines. The Selected Issues paper for Paraguay discusses economic development and policies. Over the same period, inflation remained above 5 percent, but hovered around 10 percent in the last two years, fed in part by supply shocks but possibly also by an overheating of the economy.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 54 |
Release | : 1999-03-05 |
Genre | : Business & Economics |
ISBN | : 1451832354 |
This paper describes economic developments in Paraguay during the 1990s. After recording a growth rate of 1.3 percent in 1996, real GDP expanded by 2.6 percent in 1997, or about the same rate as population growth. This reflected mainly a recovery in agricultural output owing to abundant rains. GDP growth suffered a new setback in 1998, with preliminary estimates showing a growth rate of only 0.6 percent, owing mainly to the continued stagnation in the manufacturing sector and a reduction of trade-related activities owing to tighter border controls in Brazil.
Author | : Inter-American Economic and Social Council. Permanent Executive Committee. Subcommittee on Paraguay |
Publisher | : |
Total Pages | : 116 |
Release | : 1974 |
Genre | : Paraguay |
ISBN | : |
Author | : Albert Berry |
Publisher | : Routledge |
Total Pages | : 355 |
Release | : 2017-07-05 |
Genre | : Business & Economics |
ISBN | : 1351508245 |
Most developing countries face significant and sometimes dramatic challenges in generating stable jobs that provide reasonable incomes and decent working conditions. For developing countries that have undergone lengthy periods of economic stagnation, these challenges are especially acute, and popular dissatisfaction correspondingly marked.Paraguay is a case in point. It is unlikely that any "employment policy" could lead to a major improvement in the quality of labor market outcomes unless designed and implemented in a sophisticated and coherent way. Such an approach has been infrequent in developing countries in general, and especially so in those that, like Paraguay, also suffer severe institutional weaknesses of governance. Paraguay's past failure in employment creation is mainly the result of a number of structural weaknesses described in this volume. Its current crisis is also the accumulated legacy of over a quarter century of economic stagnation and political failure fl owing from those weaknesses. The new reformist administration of President Fernando Lugo has raised hopes that the future might be better than the past.This study aims to contribute to improved policy making by analyzing the source of the problems and providing policy recommendations. The chapters describe the potential contribution of various policy areas in the face of a dauntingly negative track record and identify a number of steps that have to be taken if success is to be achieved. They put into perspective the reforms that have been undertaken to date by the country's previous administration.Paraguay's experience offers insight into the problems faced by other developing countries in today's global economy. The central message is that policy improvements must be made in a number of areas and implemented in a coordinated fashion for there to be any reasonable hope of success.
Author | : Carlos G. Fernández Valdovinos |
Publisher | : |
Total Pages | : 50 |
Release | : 2004 |
Genre | : Industrial policy |
ISBN | : |
Author | : International Monetary Fund. Western Hemisphere Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 32 |
Release | : 2015-02-20 |
Genre | : Business & Economics |
ISBN | : 1498399371 |
This Selected Issues paper analyzes the spillover effects of key external shocks on Paraguay. It presents an overview of Paraguay’s major economic and financial linkages with the rest world, and quantifies the spillover effects of key external factors on the Paraguayan economy, using a vector autoregression approach. The empirical results suggest that global shocks have a significant impact on Paraguay’s growth rate. The paper also highlights that output and exchange rate shocks stemming from Brazil and Argentina are also important, even after controlling for global factors.
Author | : International Monetary Fund. Western Hemisphere Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 58 |
Release | : 2019-04-30 |
Genre | : Business & Economics |
ISBN | : 1498312330 |
This Selected Issues paper investigates the reasons for the growth pickup in Paraguay and explores the potential for sustainable future growth. It shows that the growth acceleration over the past 15 years is the combined result of a few factors: a bounce back from the crisis in the late 1990s and the subpar growth of the two decades prior; a benevolent external environment, the commodity price boom in particular; and the improved macroeconomic stability. Also in terms of its composition, growth in the past has largely been extensive, mostly coming from capital deepening and increasing labor inputs, rather than productivity increase, though total factor productivity growth has played a bigger role in the most recent years. Despite strong growth in recent years, like most of the Latin America, seen over a longer period, Paraguay has not attained significant economic convergence with advanced economies. Empirical data shows a strong linkage between the GDP per capita of a country and its score in a composite structural indicator such as the World Competitiveness Index, which Paraguay ranked poorly on. Identifying and correcting Paraguay’s structural deficiencies that may be hampering productivity growth and capital accumulation will be crucial for sustainable growth.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 186 |
Release | : 2018-11-05 |
Genre | : |
ISBN | : 926430620X |
Having achieved robust economic growth and remarkable macroeconomic stability over the past 15 years, Paraguay has set a course to become not only more prosperous, but also more inclusive by 2030. To deliver on its development ambition, the country will have to overcome a number of crosscutting cons
Author | : International Monetary |
Publisher | : International Monetary Fund |
Total Pages | : 69 |
Release | : 2022-06-21 |
Genre | : Business & Economics |
ISBN | : |
After two consecutive years of GDP decline driven by external shocks, Paraguay’s economy rebounded in 2021. In 2019, drought and flooding reduced economic growth to -0.4 percent. In 2020, the impact of the pandemic on the secondary and tertiary sectors was partly compensated by a rebound of agriculture and an extensive emergency package, and GDP fell by only 0.8 percent. Growth rebounded to 4.2 percent in 2021, but heatwaves and a severe drought decelerated the recovery and have limited 2022 growth prospects, though a recovery is projected for 2023 and the medium-term. While the loss of agricultural export revenue is affecting Paraguay’s balance of payments in 2022, the external position in 2021 was stronger than the level implied by fundamentals and desirable policies.