Paraguay: Recent Economic Developments

International Monetary Fund

No 1996/085, IMF Staff Country Reports from International Monetary Fund

Abstract: This report describes economic developments in Paraguay during the 1990s. Despite a severe banking crisis, the macroeconomic performance in 1995 was relatively good as real GDP growth picked up to 4.2 percent from 3.1 percent in 1994. Inflation fell to 10.5 percent by end-1995, compared with 18.3 percent at end-1994. Still, the economy was weakened, as a credit crunch arising from the problems in the financial sector and decreased activity in Paraguay’s re-export trade took their toll.

Keywords: ISCR; CR; banking system; financial system; foreign currency; minimum wage; factor cost; unit price; capital goods; consumer goods; net domestic product; Real GDP growth; net national product; Public sector; Commercial banks; Public enterprises; Credit; Bank deposits; Western Hemisphere; Europe; Africa; Asia and Pacific (search for similar items in EconPapers)
Pages: 95
Date: 1999-03-01
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=1641 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1996/085

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().