Publication:
Unleashing Central America's Growth Potential: Costa Rica

dc.contributor.authorUlku, Hulya
dc.contributor.authorZaourak, Gabriel
dc.date.accessioned2021-06-22T12:53:51Z
dc.date.available2021-06-22T12:53:51Z
dc.date.issued2021-06-14
dc.description.abstractCosta Rica has seen remarkable social and economic progress over the last three decades, with income per capita doubling, and well-being indicators reaching levels comparable with countries of the Organization of Economic Cooperation and Development (OECD). Nevertheless, the country still faces substantial challenges if it is to continue advancing toward higher living standards. The objective of this study is to investigate the drivers and constraints of growth and productivity in Costa Rica and explore areas with high growth potential. This study contributes to the existing body of work on Costa Rica by employing a wide range of analytical tools to analyze the growth performance of the country from different angles. The analysis employs several quantitative methods to provide an objective assessment of the drivers and constraints of growth in Costa Rica, including the long-term growth model (LTGM), computable general equilibrium model (CGE), growth diagnostics and product space analyses. The novelty of this study is that it employs the same framework, analytical tools and data to conduct a parallel analysis for each Central American country to allow for a cross-country comparison. Given the wide breadth of the study, in terms of the methodologies used, themes analyzed, and countries covered, it does not envisage to deep dive into each driver and constraint of Costa Rica’s growth to provide granular policy recommendations.en
dc.identifierhttp://documents.worldbank.org/curated/en/840121623663348387/Costa-Rica-Unleashing-Central-Americas-Growth-Potential
dc.identifier.doi10.1596/35792
dc.identifier.urihttps://hdl.handle.net/10986/35792
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectGROWTH DRIVERS
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectEMPLOYMENT
dc.subjectLABOR PRODUCTIVITY
dc.subjectGROWTH DIAGNOSTIC
dc.subjectINFRASTRUCTURE
dc.subjectDIGITAL ECONOMY
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectPROPERTY RIGHTS
dc.subjectEXPORT DIVERSIFICATION
dc.titleUnleashing Central America's Growth Potentialen
dc.title.subtitleCosta Ricaen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleUnleashing Central America's Growth Potential
okr.date.disclosure2021-06-14
okr.date.doiregistration2025-05-07T10:22:28.043765Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::General Economy, Macroeconomics and Growth Study
okr.docurlhttp://documents.worldbank.org/curated/en/840121623663348387/Costa-Rica-Unleashing-Central-Americas-Growth-Potential
okr.guid840121623663348387
okr.guid219531623911706130
okr.identifier.externaldocumentum090224b0886ddf57_1_0
okr.identifier.internaldocumentum33173084
okr.identifier.report160327
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/840121623663348387/pdf/Costa-Rica-Unleashing-Central-Americas-Growth-Potential.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryCosta Rica
okr.topicAgriculture::Agricultural Sector Economics
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicSocial Protections and Labor::Labor Markets
okr.unitEFI-LCR-Regional Director (ELCDR)
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