Costa Rica : Staff Report for the 2002 Article IV Consultation

1CRIEA0012003 Image
Price:  $15.00

Release Date: © March, 2003
ISBN : 978-1-45180-961-9
Stock #: 1CRIEA0012003
English
Stock Status: On back-order

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Description

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.




More publications in this series: IMF Staff Country Reports