Title: Paraguay : corruption, reform, and the financial system /
Authors: Franks, Jeffrey R.; International Monetary Fund.
Publisher: International Monetary Fund,
Year: 2005
Subjects: Financial crises Paraguay.; Foreign exchange rates Paraguay.; Paraguay Economic conditions Statistics.
Abstract: Following some historical background, this book describes how corruption is manifested in Paraguay. The book distinguishes between factors that explain the growth performance of Paraguay since 1960 (where corruption does not directly enter as a significant factor) and factors that explain the relative level of income of Paraguay in the past 40 or 50 years compared with other countries. The book then illustrates how Paraguay's weak institutions may have led to long-term growth below its potential. Finally, the authors briefly consider how Paraguay could improve its institutions.--Publisher's description.
Contents: Has corruption in Paraguay contributed to slow economic growth? -- Financial crises and behavior of private sector credit in Paraguay -- Assessing the reform of the Caja Fiscal -- Equilibrium real exchange rate in Paraguay.