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Costa Rica: Selected Issues

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  • International Monetary Fund

Abstract

This article is a synopsis on Costa Rica’s international spillovers, potential estimates, fiscal challenges, and banking systems. Spillovers are originated by cross-country trade and financial linkages, and also by the impact of global fiscal consolidation. The banking sector has about one-third foreign bank assets, and these foreign investments are controlled by the United States. So a shock in the United States or China will have adverse effects on Costa Rica. To have a medium- and long-term sustainability, Costa Rica needs to have some fiscal adjustments.

Suggested Citation

  • International Monetary Fund, 2013. "Costa Rica: Selected Issues," IMF Staff Country Reports 2013/080, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/080
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=40421
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    Cited by:

    1. Mircea Epure & Esteban Lafuente, 2015. "Monitoring bank performance in the presence of risk," Journal of Productivity Analysis, Springer, vol. 44(3), pages 265-281, December.
    2. Lafuente, Esteban & Vaillant, Yancy & Vendrell-Herrero, Ferran, 2019. "Conformance and performance roles of bank boards: The connection between non-performing loans and non-performing directorships," European Management Journal, Elsevier, vol. 37(5), pages 664-673.

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