Costa Rica: Staff Report for the 2002 Article IV Consultation
Electronic Access:
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Summary:
This 2002 Article IV Consultation highlights that since 2000, economic growth in Costa Rica has slowed to about 2 percent. Inflation has remained at 10 percent, and unemployment has remained at about 6 percent. The external current account deficit has increased to about 5.5 percent of GDP, reflecting a sharp increase in imports of capital goods by public enterprises, and a loss of dynamism of exports, associated in part with some weakening of international competitiveness. Progress in other areas of structural reform has also slowed in recent years.
Series:
Country Report No. 2003/082
Subject:
Banking Commercial banks Economic sectors Financial institutions Financial services Offshore financial centers Public debt Public sector State-owned banks
English
Publication Date:
March 21, 2003
ISBN/ISSN:
9781451809619/1934-7685
Stock No:
1CRIEA0012003
Pages:
61
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