Costa Rica: 2012 Article IV Consultation

International Monetary Fund

No 2013/079, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; headline inflation; core inflation; staff appraisal; annual headline inflation; Costa Rican authorities; adjustments in macro policy; portfolio inflow; Public sector; Exchange rates; Inflation; Global; Central America (search for similar items in EconPapers)
Pages: 75
Date: 2013-03-22
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=40420 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2013/079

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().