“Notes of Paraguay” provides a brief yet insightful analysis of the local Capital Markets in Paraguay, a small country in the heart of South America and an emerging player in sustainable finance. Throughout its pages, readers will discover an overview of the evolution of Paraguay’s Exchange (Bolsa), its origins in 1992 in the City of Asunción, the increasing professionalization of its participants, and the early adoption of good practices and ESG (Environmental, Social, and Governance) standards.
The economic context is essential, and the book explores Paraguay’s bi-monetarism and the use of US Dollar as functional currency, a stable local currency the Guarani, low inflation, and solid growth projections, making it a promising destination for investors and a sound trading platform for South American enterprises.
“Notes of Paraguay” delves into the local bond market, corporate securities and international sovereign bonds, showcasing the country’s recent experiences in attracting global capital.
The book includes some relevant sections on macroeconomic indicators and the existing savings mechanisms, offering a comprehensive guide for those interested in investing in Latin America.
From governance challenges to capital market opportunities, “Notes of Paraguay” outlines the profile of a small nation on the rise, poised to further integrate into the global financial landscape.
Yazar hakkında
JD Usandivaras is a stockbroker and Harvard Kennedy’s graduate with dual master’s in economics and tax policy. After 25 years working at large New York’s trading houses, he moved to Paraguay in 2016 to start his own firm: Verbank Securities, later acquired by Banco Itaú. Currently, he serves as an independent advisor.