Abandonando el unilateralismo y el status quo: es momento de romper paradigmas y de concretar la anhelada modificación de la legislación bancaria paraguaya.

Abstract

This analysis should begin by recognizing that an article of this nature probably would not have been written a couple of decades ago, when the last reform of Paraguayan banking legislation was implemented. The needs that prevailed at that time were different from those of today, and the country's economic scenario was markedly different from what we are experiencing today. It is therefore reasonable to think that many of the questions that the various actors in the financial system are asking today were not even on the agenda during the 1990s. The proposal to reformulate banking laws thus becomes a path that unleashes passions and inevitably imposes the need to rethink a series of positions. Every reform initiative is ambitious and—as it cannot be otherwise—requires breaking paradigms and embracing new thinking that goes a little beyond the typical conception of the financial system.