Paraguay is being as careful with its economic resources as it has been with its natural resources. Professionals from the public and private sector discuss the advantages of this prudent strategy and the potential for further growth in the country.
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Rebuilding Bahrain's reputation
September 1, 2011In light of its ongoing political turmoil, many industry players have been quick to sound the death knell for Bahrain's status as the Middle East's financial hub but the country still holds many competitive advantages over its rivals.
Frugal Estonia's digital route to recovery
September 1, 2011Estonian prime minister Andrus Ansip talks to Hugh O'Shaughnessy about the country's e-revolution, the power of its ID card, and the decision to reduce taxes for business and private citizens.
Turkey takes the lead in banking technology
September 1, 2011Turkey's banks boast the kind of technology that would make many a US or European CIO envious. How have they managed to so comprehensively leapfrog their Western counterparts, and can this growth continue?
An open letter to the minister of finance of Ruritania
September 1, 2011Pathological procrastination by sovereign debtors in acknowledging the severity of their problem and commencing the necessary workout process can make the ultimate resolution of the crisis far more costly for all concerned.
Armenia takes a gradual approach to reform
September 1, 2011Armenia’s finance minister and former central bank vice-president Vache Gabrielyan is focusing on maintaining the country on its path of recovery, controlling inflation and starting a reform of its pension system.
Can Jordan's banks rise to the challenge?
September 1, 2011A sharply declining growth in GDP, political and social unrest, credit rating downgrades, rising NPL ratios... To say Jordan's banks have faced a testing couple of years would be an understatement. However, there are some causes for optimism.
Armenia's banking caution looks set to pay off
September 1, 2011Although the global financial crisis led to a significant contraction in the Armenian economy, the country’s banks were largely unaffected by the turmoil. With low banking penetration and regulation that is both progressive and cautious, the future for these institutions looks bright.
South Korea's shifting economic focus
September 1, 2011South Korea has the second highest debt-to-disposable income ratio in the world, but Choongsoo Kim, governor of the Bank of Korea, insists that the country’s financial system is not at risk, and suggests that balancing the focus between export and domestic demand will lead to sustainable economic growth.
Eastern Europe grows while the west stagnates
September 1, 2011Newer EU member countries in central and eastern Europe are notable for their performance in terms of returns and growth, as The Banker's Top 200 EU Banks ranking shows.