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Paraguay’s investment frenzy and the barriers to growth
The Economist says steady macroeconomic management earned Paraguay a reputation for stability, but poor infrastructure could hamper development.
TLDR
The Economist describes an investment frenzy in Paraguay, which it says has gained a reputation for stability after decades of steady macroeconomic management. It says poor infrastructure, low tax revenues and a lack of skilled workers could hamper development, while corruption may also hold growth back.
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