{
  "title": "Costa Rica: Selected Issues and Analytical Notes",
  "publication": "IMF Staff Country Reports, May 23, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/costa-rica-selected-issues-and-analytical-notes-43918",
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  "summary": "This paper looks at the following important 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 sustainabil",
  "sections": [
    {
      "heading": "Scope and purpose",
      "content": "- 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.\n- Discusses linkages between the Costa Rican real economy and financial sector.\n- Estimates the neutral monetary policy interest rate to assess the adequacy of the current monetary policy stance."
    },
    {
      "heading": "Financial sector structure and vulnerabilities",
      "content": "- The Costa Rican financial system is increasingly diversified but remains centered on banking intermediation.\n- The banking system is described as highly segmented and heavily dollarized.\n- Focus on financial sector vulnerabilities and micro-financial linkages between households/firms and banks."
    },
    {
      "heading": "Monetary policy stance",
      "content": "- The paper estimates the neutral monetary policy interest rate to assess whether the current monetary policy stance is adequate."
    },
    {
      "heading": "Financial deepening and inclusion",
      "content": "- Coverage includes analysis of financial deepening in Costa Rica.\n- Coverage includes analysis of financial inclusion in Costa Rica."
    },
    {
      "heading": "Fiscal developments and sustainability",
      "content": "- Reviews recent fiscal developments and medium-term fiscal sustainability for Costa Rica."
    },
    {
      "heading": "Labor force and gender issues",
      "content": "- Includes analysis of female labor force participation in Costa Rica.\n\n---\n\n Content in this bundle\n\n- Costa Rica: Selected Issues and Analytical Notes; IMF Country Report 16/132; April 25, 2016\n  - Costa Rica: Selected Issues and Analytical Notes; IMF Country Report 16/132; April 25, 2016 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Costa Rica: Selected Issues and Analytical Notes; IMF Country Report 16/132; April 25, 2016 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
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    "[Markdown version](/en/publications/cr/issues/2016/12/31/costa-rica-selected-issues-and-analytical-notes-43918/index.md)",
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    "Published: May 23, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484362693.002",
    "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.",
    "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.",
    "The paper estimates the neutral monetary policy interest rate to assess whether the current monetary policy stance is adequate.",
    "Coverage includes analysis of financial deepening in Costa Rica.",
    "Coverage includes analysis of financial inclusion in Costa Rica.",
    "Reviews recent fiscal developments and medium-term fiscal sustainability for Costa Rica.",
    "Includes analysis of female labor force participation in Costa Rica.",
    "**Costa Rica: Selected Issues and Analytical Notes; IMF Country Report 16/132; April 25, 2016**"
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      "title": "Costa Rica: Selected Issues and Analytical Notes; IMF Country Report 16/132; April 25, 2016",
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