Boom times in Paraguay leave many behind

by Simon Romero

A fisherman on the polluted waters of a small river within sight of the towers of Asunción, Paraguay. The economy grows side by side with persistent poverty. Photo: Tomas Munita/New York Times

ASUNCIÓN, Paraguay — Walk into the headquarters of the central bank of Paraguay, a sprawling seven-story structure surrounded by flowering silk floss trees, and the message is clear: officials proudly display charts showing a dizzying economic boom, with growth reaching 13 percent this year, making Paraguay the fastest-growing country in the Americas.

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