Hidden Bibliographic Details
Varying Form of Title: | Costa Rica, recent economic developments
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Other authors / contributors: | Jul, Ana María.
International Monetary Fund.
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Notes: | Title from PDF file (viewed Oct. 11, 2004). "May 1998." Includes bibliographical references. Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 digitized 2010 HathiTrust Digital Library committed to preserve
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Summary: | This paper reviews economic developments in Costa Rica during 1995-97. Costa Rica faced a slump in economic activity in 1995-96 following a sharp deterioration in the public finances and higher inflation associated with the 1993-94 political-economic cycle. To avert a balance-of-payments crisis in early 1995, the authorities increased interest rates, imposed temporary import surcharges, and raised excise taxes, while tightening expenditure and shifting some outlays to 1996. The economy went into a recession in 1996, with private investment declining for a third consecutive year.
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Other form: | Print version: Costa Rica, recent economic developments. Washington, D.C. : International Monetary Fund, ©1998
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