Costa Rica
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1998-1999 , pp 179-186
- Publication Date: December 1999
- DOI: https://doi.org/10.18356/f9afb4a1-en
- Language: English
Vigorous expansion of economic activity in Costa Rica (6.2%) comfortably surpassed the growth projections of 5% made at the start of 1998. This was the successful outcome of a policy, applied during the first nine months of the year, that was explicitly designed to stimulate economic activity through a more flexible monetary stance, greater availability of credit, a substantial increase in real wages (a change of government in May did not alter this dynamic), and the boost provided by the investments and operations of the new Intel microprocessor plant.
© United Nations
ISBN (PDF):
9789210582964
Book DOI:
https://doi.org/10.18356/c03150ae-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Costa Rica
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