Costa Rica: Selected Issues and Analytical Notes
IMF Staff Country Reports, May 23, 2016
Source details
- Canonical URL
- Costa Rica: Selected Issues and Analytical Notes
Other formats
Bibliographic details
- Published: May 23, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484362693.002
Scope and purpose
- Examines key issues pertaining to the economy of Costa Rica: micro-financial linkages, financial sector vulnerabilities, monetary policy stance, financial deepening in Costa Rica, financial inclusion in Costa Rica, recent fiscal developments and medium-term sustainability, and female labor force participation in Costa Rica.
- Discusses linkages between the Costa Rican real economy and financial sector.
- Estimates the neutral monetary policy interest rate to assess the adequacy of the current monetary policy stance.
Financial sector structure and vulnerabilities
- The Costa Rican financial system is increasingly diversified but remains centered on banking intermediation.
- The banking system is described as highly segmented and heavily dollarized.
- Focus on financial sector vulnerabilities and micro-financial linkages between households/firms and banks.
Monetary policy stance
- The paper estimates the neutral monetary policy interest rate to assess whether the current monetary policy stance is adequate.
Financial deepening and inclusion
- Coverage includes analysis of financial deepening in Costa Rica.
- Coverage includes analysis of financial inclusion in Costa Rica.
Fiscal developments and sustainability
- Reviews recent fiscal developments and medium-term fiscal sustainability for Costa Rica.
Labor force and gender issues
- Includes analysis of female labor force participation in Costa Rica.
Content in this bundle
- Costa Rica: Selected Issues and Analytical Notes; IMF Country Report 16/132; April 25, 2016