Paraguay
Subtitle: corruption, reform, and the financial system
By: Jeffrey Franks ... [et al.]
Contributors: Franks, Jeffrey R; International Monetary Fund
Publisher: International Monetary Fund
Published: 2005
Place of publication: Washington, D.C
Language: eng
Number of pages: 117
Subjects: Financial crises -- Paraguay; Foreign exchange rates -- Paraguay; Paraguay -- Economic conditions -- Statistics
Genres: Statistics
Description: 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.
Notes: Includes bibliographical references
Table of contents: title: Has corruption in Paraguay contributed to slow economic growth?; title: Financial crises and behavior of private sector credit in Paraguay; title: Assessing the reform of the Caja Fiscal; title: Equilibrium real exchange rate in Paraguay