Costa Rica : Financial System Stability Assessment

1CRIEA0022003 Image
Price:  $15.00

Release Date: © April, 2003
ISBN : 978-1-45180-964-0
Stock #: 1CRIEA0022003
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes

Description

This paper presents key findings of the Financial System Stability Assessment for Costa Rica. The Costa Rican financial system exhibits some immediate strengths deriving from an environment with limited historic volatility and a predominant state participation in financial intermediation. Nonetheless, important underlying macroeconomic and structural tensions could undermine the stability of the system in the event of a major shock, or compromise its medium-term sustainability should tensions continue to accumulate. Main sources of tension on the macroeconomic front are a large fiscal deficit and a high public debt as well as a high and rising dollarization.

Taxonomy

Financial system stability assessment , International financial system




More publications in this series: IMF Staff Country Reports