609
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come of
\ 1980
>wed
ita
equivalent to only three years in school.
The year 1982 was a difficult one for the Paraguayan economy. Plunging world commodity prices dealt a severe blow to the rural sector, while large devaluations in Brazil and Argentina weakened Paraguayan competitiveness in regional markets, further crimping the country's exports. Imports fell drastically as a result of speculation against the Paraguayan currency and the concomitant surge in their prices. Capital inflows from the Itaipu project allowed only a small balance of payments surplus.
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