Paraguay and its new challenges: greater productivity and productive diversification
DOI:
https://doi.org/10.47133/respy43-25-1-1a-04Keywords:
productivity, productive diversification, economic development, Paraguay, agribusinessAbstract
This article analyzes Paraguay's economic challenges in achieving sustainable development through increased productivity and productive diversification. Paraguay maintains macroeconomic stability, but growth has moderated since 2013, affecting poverty reduction. The economy shows high dependence on agriculture (soybeans, beef), creating vulnerability to external shocks. To increase productivity, five interventions are proposed: strengthening business ecosystem, improving competition, developing entrepreneurial capabilities, facilitating financing and market access. Diversification includes agribusiness development, emerging sectors, value chains and specialized clusters. National productivity determinants require improvements in institutions, innovation, education and infrastructure, where Paraguay shows lagging regional indicators.
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