01786cas a2200241 a 4500 AALejournalIMF005145 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832532 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Paraguay : Fourth Review Under the Stand-By Arrangement and Request for Reduction and Rephasing of Access; Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Paraguay. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (61 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The recent tightening of credit conditions in segments of mature financial markets abroad has not had an impact on Paraguay. The current mix of macroeconomic policies combined with favorable external conditions and the appreciation of the guarani, have facilitated strong program performance and a decline in core inflation over the past months. At the international level, there is a risk that a global slowdown associated with the credit tightening could spill over to emerging economies and to Paraguay's neighbors, which could affect Paraguayan exports. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/179 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/179/002.2008.issue-179-en.xml IMF e-Library