@misc{37848,
title = {Paraguay: The Path Toward the Consolidation of Investment Grade and Institutional Credibility},
author = {Fernández Valdovinos, Carlos G. and Cavallo, Eduardo A. and Ruiz-Arranz, Marta and Tapia Troncoso, Waldo and De Michele, Roberto and Teixeira, Gisele and Serebrisky, Tomás and Galindo, Arturo and Osorio Quevedo, Andrés},
year = {2026},
doi = {10.18235/0013971},
abstract = {The monograph examines Paraguay's process of institutional modernization, highlighting the fiscal, financial, and regulatory reforms that enabled the consolidation of macroeconomic stability and the attainment of investment-grade status. It analyzes the evolution of public sector management, the regulation of the financial system, private sector participation in infrastructure, and the creation of new pension governance mechanisms, as well as advances in transparency and accountability. These transformations strengthened the States capacity to sustain international credibility while contributing to the promotion of economic and social development.},
url = {https://doi.org/10.18235/0013971}
}