IMF Staff Country Reports

Costa Rica: Selected Issues and Analytical Notes

June 27, 2017

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Costa Rica: Selected Issues and Analytical Notes, (USA: International Monetary Fund, 2017) accessed October 11, 2024

Summary

This Selected Issues paper describes Costa Rica’s vulnerability to potential policy changes in the United States after the November 2016 presidential election and its effects on Central America. In the near term, the most likely US policy shift is a change in the macroeconomic policy mix, involving an expansionary fiscal policy—implemented initially through tax cuts—and a tighter than previously expected monetary policy stance. The results suggest that Costa Rica could be more affected through the foreign direct investment and trade channels, unlike the rest of Central America, where remittances and immigration play a key role.

Subject: Banking, Countercyclical capital buffers, Credit, Credit gaps, Expenditure, Financial regulation and supervision, Financial sector policy and analysis, Income, Money, National accounts, Pension spending

Keywords: Accession process, Agriculture productivity, Bank, Central America, Countercyclical capital buffers, CR, Credit, Credit gaps, Electricity generation, FDI channel, FDI scenario, Global, Income, ISCR, LPI score, NAFTA agreement, Pension spending, Power generation capacity, Road infrastructure

Publication Details

  • Pages:

    91

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/157

  • Stock No:

    1CRIEA2017002

  • ISBN:

    9781484304563

  • ISSN:

    1934-7685