General Bernardino Caballero, Paraguay the following: General Bernardino Caballero, Paraguay General Bernardino Caballero (or simply Caballero) is a town and a district in the Paraguarí Department of Paraguay. It is named after Bernardino Caballero, President of Paraguay from 1881 until 1886. Caballero is located in the north-west region of the Paraguarí department, 101 km from Asunción, the capital of the Paraguay; and about 30 km from the city of Paraguarí. To get there one should take the national route number 1 to Paraguarí, and there take a detour to Gral. Bernardino Caballero. The topography of the district is characterized by hills, streams and swamps.
Economy of Paraguay Economy of Paraguay Paraguay has a market economy highly dependent on agriculture products. In recent years, the economy has grown as a result of increased agricultural exports, especially soybeans. Paraguay has the economic advantages of a young population and vast hydroelectric power but has few mineral resources, and political instability has undercut some of the economic advantages present. The government welcomes foreign investment. Paraguay is a middle-income country that changed rapidly in the 1970s and 1980s as a result of hydroelectric development, agricultural colonization, construction, and cash crop exports. Nevertheless, the country's gross domestic product (GDP) in 1986 was approximately