European Parliament Library

Paraguay :, Selected Issues

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
Table Of Contents
Cover; Contents; I. Assessing the Appropriateness of Monetary and Fiscal Policies in an Adverse External Environment; A. Introduction; B. Where Does Paraguay Stand in Terms of Business Cycle?; Figures; I.1. GDP Growth, Investment, and Output Gap; Tables; I.1. Different Measures of Output Gap; C. Assessing Monetary Policy; I.2. Monetary Policy Rules; I.2. Testing Different Monetary Rules in Paraguay, 2003-08; D. Assessing the Need for Fiscal Stimulues; I.3. Future Path of Interest Rates, 2008Q4-2009Q4; I.3. Fiscal Impulse, 1990-2009; E. Concluding Remarks
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (39 p.)
Specific Material Designation
Form Of Item

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