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Public-Private Collaboration on Productive Development Policies in Costa Rica

Author

Listed:
  • Cornick, Jorge
  • Jimenez, Jorge
  • Román, Marcela

Abstract

Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance: an autonomous institution in charge of policy for a particular economic sector is created, with a board of directors comprising representatives from both the public and the private sectors, often with the public sector in a minority position. This paper analyzes five cases of co-governance: tourism, fisheries, rice, coffee, and the attraction of foreign direct investment (FDI). When co-governance has been used in conjunction with market discipline and as a means to discover and remove obstacles to higher productivity, as in tourism and FDI attraction, PDPs have been quite successful. When, on the contrary, it has been used to shield producers from market discipline or to allow unsustainable use of natural resources, as in rice and fisheries, they have turned into failures. Coffee stands in between, with considerable social achievements but only modest competitiveness achievements.

Suggested Citation

  • Cornick, Jorge & Jimenez, Jorge & Román, Marcela, 2014. "Public-Private Collaboration on Productive Development Policies in Costa Rica," IDB Publications (Working Papers) 6393, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:6393
    as

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    References listed on IDEAS

    as
    1. Andy Seidl & Fiorella Guiliano & Lawrence Pratt, 2007. "Cruising for Colones: Cruise Tourism Economics in Costa Rica," Tourism Economics, , vol. 13(1), pages 67-85, March.
    2. Multilateral Investment Guarantee Agency & International Finance Corporation & World Bank, 2009. "Global Investment Promotion Benchmarking Report," World Bank Publications - Reports 28205, The World Bank Group.
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    Cited by:

    1. Cornick, Jorge & Trejos, Alberto, 2016. "Building Public Capabilities for Productive Development Policies: Costa Rican Case Studies," IDB Publications (Working Papers) 8017, Inter-American Development Bank.

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    More about this item

    Keywords

    Institutions; Industrial policy; Economic growth; FDI; Sectoral planning; Foreign direct investment;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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