Costa Rica : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

January 23, 1995

Summary:

This paper analyzes economic developments in Costa Rica during the 1990s. The paper highlights that the government of Costa Rica initiated an economic program for 1991–92 aimed at lowering inflation, strengthening the balance of payments, and setting the stage for sustained economic growth. These objectives were to be achieved through restrained financial policies, an exchange rate policy aimed at maintaining export competitiveness, and liberalization of prices, international trade, and the exchange system. The reduction in the combined public sector deficit in 1991 was accompanied by a tightening of monetary policy.

Series:

Country Report No. 95/2

Subject:

Notes:

This report on recent economic developments in Costa Rica was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

January 23, 1995

ISBN/ISSN:

9781451809565/1934-7685

Stock No:

1CRIEA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

73

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