Paraguay: Corruption, Reform, and the Financial System

Business & Finance, Economics, International Economics, Macroeconomics
Cover of the book Paraguay: Corruption, Reform, and the Financial System by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli ISBN: 9781452756400
Publisher: INTERNATIONAL MONETARY FUND Publication: September 7, 2005
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
ISBN: 9781452756400
Publisher: INTERNATIONAL MONETARY FUND
Publication: September 7, 2005
Imprint: INTERNATIONAL MONETARY FUND
Language: English
Following some historical background, this paper describes how corruption is manifested in Paraguay. The paper 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. It 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. To the extent that prudent policies and the willingness to consider the adoption of international best practices will exert pressure for change in Paraguay, a gradual improvement of institutional quality will ensue, which is necessary for sustained long-run growth.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Following some historical background, this paper describes how corruption is manifested in Paraguay. The paper 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. It 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. To the extent that prudent policies and the willingness to consider the adoption of international best practices will exert pressure for change in Paraguay, a gradual improvement of institutional quality will ensue, which is necessary for sustained long-run growth.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book South Africa: Macro Policy Mix and Its Effects on Growth and the Real Exchange Rate--Empirical Evidence and GIMF Simulations by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Macroeconomic Accounting and Analysis in Transition Economies by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book The State of Tax Policy in the Central Asian and Transcaucasian Newly Independent States (NIS) by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Finance & Development, September 1973 by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Women in Finance: A Case for Closing Gaps by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Regional Economic Outlook, April 2014: Asia and Pacific by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Current Legal Issues Affecting Central Banks, Volume II. by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Financial Liberalization, Money Demand, and Monetary Policy in Asian Countries by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Developing Essential Financial Markets in Smaller Economies: Stylized Facts and Policy Options by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Reforming the International Monetary and Financial System by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Collapse and Revival by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book The Case for Global Fiscal Stimulus by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Finance & Development, December 1998 by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
Cover of the book Finance and Development, September 2015 by Jeffrey Mr. Franks, Randa Miss Sab, Valerie Ms. Mercer-Blackman, Roberto Benelli
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy