Costa Rica: Selected Issues

April 24, 2002

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Format: Chicago

Costa Rica: Selected Issues, (USA: International Monetary Fund, 2002) accessed November 22, 2024

Summary

This Selected Issues paper examines recent economic developments and economic growth in Costa Rica. The paper highlights that real GDP growth of Costa Rica slowed to 1.7 percent, from more than 8 percent a year in 1998–99, reflecting in part deterioration in the terms of trade, the end of the construction phase of a large foreign direct investment project by Intel, and the effect of high real interest rates on domestic demand. The paper also provides a brief overview of some methodological difficulties usually encountered in calculating a country’s real effective exchange rate.

Subject: Banking, Economic sectors, Exports, Foreign exchange, Imports, International trade, Production, Public sector, Real effective exchange rates, Total factor productivity

Keywords: CBCR index, Central America, Central bank, CR, Europe, Exchange rate, Export share, Export weight, Exports, General merchandise export, Imports, ISCR, North America, Nuevo Indicador para Costa Rica, Private sector, Public sector, Rate of return, Real effective exchange rates, Total factor productivity, Trade partner, U.S. dollar

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/089
Stock No:

1CRIEA0022002
ISBN:

9781451809633
ISSN:

1934-7685

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