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Paraguay: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2009: Issue 184
Language:
English
Publication Date:
12 Jun 2009
DOI:
https://doi.org/10.5089/9781451832587.002
ISBN:
9781451832587
ISSN:
1934-7685
Pages:
38
Keywords:
ISCR; CR; monetary policy; bank behavior; monetary policy rule; primary sector; bank fundamentals; excess output gap; Credit; Banking crises; Output gap; Inflation; Global
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund