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Weekly Report - 04 April 2012 (WR-12-14)
PARAGUAY: The challenge of topsy-turvy growth
Wild fluctuations in economic growth from year to year in Paraguay are providing real challenges for budget planners and government policymaking. Paraguay posted real GDP growth of 3.8% in 2011, the central bank announced last week. In 2010 GDP growth reached an extraordinary 15% year-on-year, but this followed fast on the heels of a heavy contraction of 3.8% in 2009. There are warnings of another dramatic slowdown in 2012, which could create real difficulties given the propensity of sitting governments to increase spending ahead of presidential and congressional elections, the next of which will be staged in April 2013.
- Piñera’s problem portfolio provokes party political pressure
- ARGENTINA: Waving a nationalist flag with each hand
- BRAZIL: UK companies can only dream of Bndes
- PARAGUAY: The challenge of topsy-turvy growth
- TRACKING TRENDS
- VENEZUELA: Spending controls lifted
- COLOMBIA: Farc hostage release marks end of the beginning
- BOLIVIA: Evo quells remaining doubts
- TRACKING TRENDS
- Campaign begins at frantic pace
- GUATEMALA: Pérez Molina faces indigenous unrest
- COSTA RICA: Ministerial scandal jeopardises tax reform
- TRACKING TRENDS
- Ortega leads a different sort of revolution
- Quotes of the week