European Parliament Library

Costa Rica :, 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Costa Rica

The Costa Rican economy has grown at rapid rates in the last three years, underpinned by a robust world expansion, sound economic policies, and strong business and consumer confidence. Economic policies have been well oriented. The fiscal position has substantially improved. The exchange rate level and policies are consistent with the maintenance of external stability. IMF staff supports the neutral policy stance envisaged in the 2008 central government budget and plans for a substantive tax reform. The authorities should push ahead with financial system reforms
Table Of Contents
Cover; Contents; Executive Summary; I. Recent Economic Developments; II. Outlook and Risks; III. Policy Discussions; A. External Stability and the Real Effective Exchange Rate; Boxes; 1. External Competitiveness; B. Disinflation; C. Fiscal Policy; 2. Recent Tax Revenue Growth: Structural vs. Cyclical; D. Financial Sector; IV. Staff Appraisal; Figures; 1. Social Indicators; 2. Growth and Inflation; 3. Monetary and Financial Sector Developments; 4. External Sector; 5. Comparative Competitiveness Indicators; 6. Fiscal Developments; 7. Public Debt Sustainability: Bound Tests
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (47 p.)
Specific Material Designation
Form Of Item

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