Costa Rica : Selected Issues

Publication Date: March 22, 2013
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Summary: This article is a synopsis on Costa Rica’s international spillovers, potential estimates, fiscal challenges, and banking systems. Spillovers are originated by cross-country trade and financial linkages, and also by the impact of global fiscal consolidation. The banking sector has about one-third foreign bank assets, and these foreign investments are controlled by the United States. So a shock in the United States or China will have adverse effects on Costa Rica. To have a medium- and long-term sustainability, Costa Rica needs to have some fiscal adjustments.
Series: Country Report No. 13/80
Subject(s): Spillovers | Economic growth | International trade | Banking sector | Public debt | Fiscal consolidation | Selected issues | Costa Rica

Publication Date: March 22, 2013
ISBN/ISSN: 9781484319413/1934-7685 Format: Paper
Stock No: 1CRIEA2013002 Pages: 24
US$18.00 (Academic Rate:
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