Palacio de López
Paraguay country intelligence

Paraguay is the opportunity. Politics is the variable no one explains to you.

Independent political risk analysis, written in Asunción for people deciding from somewhere else.

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Palacio Legislativo
Legislative risk

Investment grade opened the door. Congress decides what happens next.

The executive, legislative, and judiciary can stall progress and require monitoring.

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Asunción
How we work

Your team cannot spend six months learning Paraguay. We already did.

Fifteen years of research on Paraguayan institutions, delivered in the format your committee needs.

How we work
Published in
ABC ColorÚltima HoraPublic Opinion QuarterlyJournal of Latin American StudiesInternational IDEAACADEMO ABC ColorÚltima HoraPublic Opinion QuarterlyJournal of Latin American StudiesInternational IDEAACADEMO
Services

Country knowledge, delivered in the format your decision needs.

Every request is handled by an analyst and researcher specialized in your area, under the leadership of Dr. José Tomás Sánchez (Ph.D. in Government, Cornell University).

By request · Paid

Commissioned Brief

A 5–10 page technical analysis of the topic that matters to you (politics, energy, finance, regulation), based on what the key actors think. We start with a meeting to define exactly what you need.

Request → By request · Paid

One-on-one conversation

A private conversation with an analyst in your area of interest about what is happening in Paraguay: a political concern, a decision, or our services.

Request → By request · Paid

Paraguay Context Session

An analyst presents to your team the country's political context and the actors who shape it, with slides.

Request → Free

SANSA Political Newsletter

A free newsletter on Paraguayan politics. Subscribe and receive it by email whenever there is something relevant to report.

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The opportunity

Why Paraguay now

Two rating upgrades in eighteen months, the lowest tax burden in the Southern Cone and a pipeline of anchor projects.

5.9 %GDP growth
3.8 %Inflation
~40 %Public debt / GDP
10 %Corporate income tax
Sovereign ratings Moody's Baa3 · Investment grade  ·  S&P BBB− · Investment grade  ·  Fitch BB+ · Positive outlook
Anchor projects Paracel · USD 4–5 bn  ·  Atome · Villeta · USD 630 m  ·  Bioceanic Corridor

None of this happens outside politics. Every project on this page depends on a permit, a tariff, a concession or a vote.

The risk map

What we cover

Six domains, reviewed monthly.

Domain 01

Legislative risk

How bills on tax, civil society and sector rules move through Congress, often faster than expected.

Domain 02

Rule of law

Judicial independence, and what it means for how a contract dispute ends.

Domain 03

Political Actors' risk

Factional competition and counterparties with sanctions exposure: who can actually deliver.

Domain 04

Sector regulation

Dam tariffs, the maquila regime and forestry certification, each on its own timetable.

Domain 05

Licence to operate

Land tenure, indigenous consultation and community relations around large projects.

Domain 06

Electoral cycle

How municipal, general and party calendars shift the appetite for reform and spending.

Why us

Three reasons our reading of Paraguay is different.

01

Led by Dr. José Tomás Sánchez

Ph.D. in Government from Cornell University, senior government experience in Paraguay, and peer-reviewed research on Paraguayan and regional politics.

02

Resident

We work from Paraguay, where decisions are made, not from São Paulo or Buenos Aires.

03

Independent

No candidates, no parties. We publish that commitment so you can hold us to it.

Independence · how we keep it

No candidates or parties

No campaigns, no campaign polling, no electoral committees.

We screen first

Every client is screened for sanctions exposure and beneficial ownership. We decline work we could not defend publicly.

We keep material apart

Client material sits in segregated systems, with access limited to the engagement team.

Introductions, not lobbying

We can open a first conversation. We do not negotiate or advocate on your behalf.

Public record

Insights

Our published work is open.

Column · ABC Color · Apr 2026

Alternation, the economy and the institutions that outlast a government

Column · Última Hora · Apr 2026

The half-time of the Peña administration

Analysis · Jun 2026

What the NGO bill would change for foreign-funded organisations

Peer reviewed · ACADEMO · 2025

Constitutional refounding in South America, and why Paraguay's attempt failed

Peer reviewed · Public Opinion Quarterly · 2019

Economic evaluations and political change in Chile, 1966 to 2018

Peer reviewed · JLAS · 2022

Tenuous Pacts and Multiparty Coalitions: The Politics of Presidential Impeachment in Latin America

Free

SANSA Political Newsletter

A free newsletter on Paraguayan politics. Subscribe and receive it by email whenever there is something relevant to report.

Get in touch

Tell us what you need. We reply within two business days. Commissioned work is quoted case by case.

Office

Asunción, Paraguay

Compliance

Our independence commitments are public. Questions are answered directly by the founder.