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Articles

Vol. 39 No. 2 (2019)

Paraguay in 2018: Economic, Political and Social Trends during the Change of Government

DOI
https://doi.org/10.4067/S0718-090X2019000200313
Submitted
December 3, 2019
Published
2019-11-29

Abstract

This article analyzes the main events that occurred in Paraguay during 2018. First, the general elections confirmed the hegemony of the Colorado Party, even in the unusual situation of internal conflict. Second, a woman was elected vice-president for the first time in the country´s recent history. That is a significative political outcome even when it can be interpreted as the outcome of President Cartes´ political maneuvering to remain as an active Senator. Third, in 2018, the Paraguayan economy registered controlled inflation, moderate debt growth, and sustained economic growth, which provide macroeconomic stability in the country. Finally, extreme and general poverty remained within the same levels than the previous year. Economic development has not improved the quality of life of the most vulnerable members of Paraguayan´s society.