Franklin

Costa Rica [electronic resource] : Recent Economic Developments.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 1998.
Format/Description:
Government document
Book
1 online resource (90 p.)
Series:
IMF eLibrary
IMF Staff Country Reports
Status/Location:
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Local subjects:
Aggregate demand. (search)
Amortization payments. (search)
Balance of payments. (search)
Central bank. (search)
Credit tranche. (search)
Currency crisis. (search)
Current account. (search)
Current account deficit. (search)
Debt relief. (search)
Debt rescheduling. (search)
Domestic aggregate demand. (search)
Domestic debt. (search)
Domestic financing. (search)
External debt. (search)
External public debt. (search)
Government debt. (search)
Inflation. (search)
Legal reserve requirements. (search)
Monetary fund. (search)
Monetary policy. (search)
Monetary policy objectives. (search)
Monetary program. (search)
Open market operations. (search)
Private banks. (search)
Public debt. (search)
Public finances. (search)
Reserve requirements. (search)
Stock of debt. (search)
Costa Rica. (search)
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.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451809581:
9781451809589
ISSN:
1934-7685
Publisher Number:
10.5089/9781451809589.002
Access Restriction:
Restricted for use by site license.