Costa Rica: 2012 Article IV Consultation

March 22, 2013

Preview Citation

Format: Chicago

Costa Rica: 2012 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed November 22, 2024

Summary

This article is an analytical report of the economic developments of Costa Rica. The economy showed rapid growth in the aftermath of the global crisis with low inflation; but for further stable growth, certain policy frameworks and reforms need to be reinforced. The fiscal stance should be made tighter to mitigate risks of inflation and external imbalances. Interest rates and exchange rates must be increased, and monetary policy should be tightened for price stability. The Executive Board welcomes these measures for structural potential growth.

Subject: Economic sectors, Exchange rates, Expenditure, Foreign exchange, Government debt management, Inflation, Prices, Public debt, Public sector

Keywords: Adjustments in macro policy, Annual headline inflation, Central America, Core inflation, Costa Rican authorities, CR, Exchange rates, Global, Headline inflation, Inflation, ISCR, Portfolio inflow, Public sector, Staff appraisal

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/079
Stock No:

1CRIEA2013001
ISBN:

9781484382646
ISSN:

1934-7685

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