Investing in Paraguay

In recent years, landlocked Paraguay has developed into South America’s star economy, with growth rates that are the envy of the region. We assess its business, political, diplomatic and social prospects and, not least, its pending and sensitive renegotiation with neighbouring Brazil of the treaty concerning the huge Itaipú dam

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Future success will depend on economy’s further diversification

Once cut off from the world, Asunción is pursuing new diplomatic paths

Leader tells FT that correcting ‘institutional weakness’ is central to his agenda

Asunción aims to deepen capital markets and test public-private partnerships

Treaty renegotiations aim for a far better deal than in 1973

Controversial cigarette tycoon and ex-president still wields influence

More from this Special Report

Buccaneering centre for business on Brazil border provides haven for outside investors

The lack of a coast boosts development of national waterways

Governing Colorados do not equate to monolithic state but are dominated by ageing cadre

Determination over Itaipú dam treaty talks would banish old political demons

Government urges move to upmarket beef as land use is challenged

Persistent growing pains affect Asunceños of all classes

Widely spoken indigenous vernacular has problems around official adoption and online presence

Legislation has improved but signs of progress are thin on ground

Hidden paradise blossomed for 150 years until settlements overrun by plunderers