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Paraguay’s Economic, Political Transformation Deserves Recognition

South America is not at the center of global affairs, but few countries in the region may go as unnoticed as Paraguay. At first glance, Paraguay appears an unlikely prospect to stand out as an emerging-market democracy. In the shadow of the large and populous economies of Brazil and Argentina, the small landlocked country was long one of the poorest and most undemocratic. Yet, gradually but surely, Paraguay has accomplished notable political and economic reforms, a transformation that is earning a second…

The hard facts about Paraguay – FAQ for the new investor

PROFILE: Geography Area: 406,752 sq. km. (157,047 sq. mi.); about the size of California. Cities: Capital–Asuncion (pop. 518,945). Other cities–Ciudad del Este, Concepcion, Encarnacion, Pedro Juan Caballero, Coronel Oviedo. Terrain: East of the Paraguay River there are grassy plains, wooded hills, tropical forests; west of the Paraguay River (Chaco region) is low, flat, marshy plain. Climate: Temperate east of the Paraguay River, semiarid to the west.People  Nationality: Noun and adjective–Paraguayan(s).…

Healthy economic performance in Paraguay

image for the article Healthy economic performance in Paraguay
The commissioning of more than 70 companies is a sign of the healthy economic performance in Paraguay nowadays. Where five years ago there was nothing, today on the outskirts of Ciudad del Este, there are twelve assembly plants in full production – from companies that manufacture auto parts to clothes, which give work and produce wealth for this small country. The economic collapse of neighbouring Brazil has not affected production, rather, the opposite. The cost of labour is half that in Brazil, energy…

STANDARD & POOR’S 2016 OUTLOOK: PARAGUAY STANDS OUT IN LATIN AMERICA

STANDARD & POOR’S 2016 outlook for Paraguay is very promising. Paraguay is the only Latin American country with a positive outlook for 2016, said Moritz Kraemer, Global Chief Rating Officer, Sovereign Ratings at Standard & Poor’s during his presentation of the firm’s 2016 global sovereign outlook. Most countries in the region will continue to be affected by the slump in commodity prices and a slowdown of the Chinese economy, he added. Not surprisingly, Brazil faces a bleak new year with President…

Paraguay’s economy continues to impress

Paraguay’s Economy Continues to impress Paraguay’s economy continues to be a hotspot for growth. However, the downturn in global commodity prices has hit South American economies hard. Although Brazil and Venezuela are the most notable cases, several countries in the region are experiencing major economic slowdowns or even contractions. The country’s small but robust low-end manufacturing sector lies at the heart of this growth, buoyed by business-friendly tax incentives and low wages. Meanwhile,…