Costa Rica : 2012 Article IV Consultation

Publication Date: March 22, 2013
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Summary: This article is an analytical report of the economic developments of Costa Rica. The economy showed rapid growth in the aftermath of the global crisis with low inflation; but for further stable growth, certain policy frameworks and reforms need to be reinforced. The fiscal stance should be made tighter to mitigate risks of inflation and external imbalances. Interest rates and exchange rates must be increased, and monetary policy should be tightened for price stability. The Executive Board welcomes these measures for structural potential growth.
Series: Country Report No. 13/79
Subject(s): Article IV consultation reports | Economic recovery | Economic growth | Fiscal policy | Fiscal consolidation | Fiscal sustainability | Fiscal reforms | Tax reforms | Monetary policy | Inflation targeting | Economic indicators | Staff Reports | Public information notices | Costa Rica

Publication Date: March 22, 2013
ISBN/ISSN: 9781484382646/1934-7685 Format: Paper
Stock No: 1CRIEA2013001 Pages: 75
US$18.00 (Academic Rate:
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