the market

Paraguay

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August 12th 2006
Paraguay, the land of disparities, where you either drive a bulletproof benz or you´re hoping the river doesn´t flood too early this year and expedite the washing away of your house...surprisingly expensive place for travelers, as you tend to get lumped in with the first group of people, who, despite the exchange rate, would probably not have much trouble living a lot better than most in the US. ... read more

South America » Paraguay

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In the disastrous War of the Triple Alliance (1865-70), Paraguay lost two-thirds of all adult males and much of its territory. It stagnated economically for the next half century. In the Chaco War of 1932-35, large, economically important areas were ... ... read more