TY - GEN AU - Fernández Valdovinos, Carlos G. AU - Cavallo, Eduardo A. AU - Ruiz-Arranz, Marta AU - Tapia Troncoso, Waldo AU - De Michele, Roberto AU - Teixeira, Gisele AU - Serebrisky, Tomás AU - Galindo, Arturo AU - Osorio Quevedo, Andrés TI - Paraguay: The Path Toward the Consolidation of Investment Grade and Institutional Credibility PY - 2026 Y1 - 2026/03/03 DO - 10.18235/0013971 AB - 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. UR - https://doi.org/10.18235/0013971 ER -