Paraguay’s economy has constantly been improving over the years despite some set-backs they must face. Since they are a land-locked country, they do not have as many resources as most of its surrounding countries. They must rely mostly on agriculture for their main exports. As for Paraguay’s government and political conditions, they now have a president elected for a 5-year term. There are many different political parties, and the type of government Paraguay runs under is constitutional republic. Unlike Paraguay’s surrounding countries, Argentina, Chile and Brazil, it is land-locked therefore giving them fewer resources than their neighbors.
With a predominantly agricultural economy, Paraguay is most dependent on these products. Conflict theory can be applied in a very large scale, to the country of Paraguay as a whole. Paraguay’s resources are much scarcer then others and they must compete and work hard for what they do have. The larger countries with the ocean as a resource have more power; therefore Paraguay will do what they must to get what they need from other countries. This provides the country with a difficult struggle trying to balance out their economy. However, their economy has been improving.
There is a large amount of underemployment and unemployment in the economy. Nearly 35% of Paraguay’s population is unemployed. Those who do work, work mostly in agricultural jobs since that is Paraguay’s main export. The country has vast hydroelectric resources, including the world’s second-largest hydroelectric generation facility built and operated jointly with Brazil. One large resource they lack that many others do not is petroleum resources. The economy is dependent on exports of cattle, soybeans, timber, cotton, grains, and sugar; electricity generation.
Paraguay also re-exports products made elsewhere to Brazil and Argentina. Paraguay is a major illegal producer of marijuana and most or the entire product goes to Argentina, Chile and Brazil. Paraguay’s gross domestic product rose from 12. 8 billion to 16. 1 billion dollars, which was a 26% increase. Also, the foreign exchange reserves rose 33% to 3. 2 billion. Although Paraguay struggles with their range and certain aspects of their economy, it has constantly been improving over time. Paraguay’s government is highly centralized, which was changed by the 1992 constitution, which provides for division of powers. The president, who is popularly elected for a 5-year term, then appoints a cabinet. Paraguay has a bicameral Congress which consists of an 80-member Chamber of Deputies and a 45-member Senate, elected with the president through a comparative representation system. The Deputies are elected by department and senators are elected nationwide. Paraguay’s government also follows the three branches of government. The president alone comprises the Executive branch. Legislative is made up of the Senate and Chamber of Deputies. Lastly, the Judicial branch belongs to the Supreme Court of Justice.
The A governor elected by a popular vote heads each of Paraguay’s 17 departments. Paraguay has some limits with its economy, however has improved drastically and will continue to do so. Looking at the large increase in the GDP, Paraguay’s overall economic status has been bringing in more money, which will only help improve the country’s economy. They have a strong market for agriculture which brings in most of their revenue. As for their government, it could be somewhat comparable to the United States. Their president has a longer, 5 year term, and there are lower braches and houses in government that help run the country.
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.