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  • 15-July-2020

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    OECD Economic Surveys: Costa Rica 2020

    Costa Rica’s social and economic progress has been remarkable. Over the last 30 years, growth has been steady and GDP per capita has tripled. A strong commitment towards trade openness has been key to attract foreign direct investment and move Costa Rica up in the global value chain. Costa Rica faces substantial challenges to retain achieved successes and to continue converging towards higher living standards. The fiscal situation remains a critical vulnerability. Large deficits and rapidly rising public debt threaten Costa Rica’s achievements. The fiscal reform approved in December 2018 was a historic step to restore fiscal sustainability. Boosting growth is also a key priority, as the gap in GDP per capita with advanced economies remains large and unemployment is high. Inequality and informality remain also high. The COVID-19 pandemic has significantly impacted Costa Rica, with the global economic slowdown and the necessary containment measures hampering growth prospects and fiscal accounts. Responding successfully to these substantial challenges will hinge on buttressing the fiscal framework and implementing reforms to foster inclusive growth. Further advances on living standards will hinge on raising productivity by setting the right conditions for domestic companies to thrive and maintaining and reinforcing the commitment to foreign direct investment and trade. Maintaining the commitment to preserving natural resources and biodiversity and with the decarbonisation plan will pay off in terms of growth and jobs. SPECIAL FEATURES: REGULATIONS; FINANCIAL INCLUSION
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  • 15-July-2020

    English

    Virtual Launch of the 2020 Economic Survey of Costa Rica

    In this challenging context, I would like to first congratulate the Costa Rican authorities for the innovative measures adopted to respond to the pandemic and to protect the most vulnerable. For instance, Bono Proteger, a cash transfer programme aimed to support informal, self-employed workers, as well as those who have lost their jobs, has proved a key measure to support those most in need.

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  • 15-July-2020

    English

    Mr. Angel Gurría, Secretary-General of the OECD, presenting the OECD 2020 Economic Survey of Costa Rica, Wednesday 15 July 2020

    Mr. Angel Gurría, Secretary-General of the OECD, presented the OECD 2020 Economic Survey of Costa, alongside Mr. Carlos Alvarado, President of Costa Rica, Wednesday 15 July 2020.

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  • 30-June-2020

    English

    Making the Most of Technology for Learning and Training in Latin America

    Digitalisation is transforming the world of work and societies, and creating opportunities to learn and develop skills in new ways, times and places. The adoption and use of digital technologies can help Latin American countries close the skills gap with more advanced economies. Making the Most of Technology for Learning and Training in Latin America demonstrates how Latin American countries can realise the potential of new technologies for skills development in schools and all stages of life. It identifies barriers to accessing ICT infrastructure and connectivity limitations in Latin America, and provides recommendations on how they can be overcome to ensure that all students and citizens can benefit from new technologies for learning. The report explores the relationship between technology use in initial education and students’ performance in Latin America, and how policies can best support teachers as digital tools enter their classrooms. Digitalisation provides new opportunities for lifelong learning and this report examines the potential of open education and MOOCs in reaching those adults who are most in need of training in Latin American countries.
  • 29-June-2020

    English, PDF, 2,519kb

    OECD Review of International Investment Policies in Costa Rica

    This review is based on the report prepared by the OECD Secretariat to support the review of Costa Rica undertaken by the OECD Investment Committee, as part of the process for Costa Rica’s accession to the OECD.

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  • 16-June-2020

    English

    Health at a Glance: Latin America and the Caribbean 2020

    Health at a Glance: Latin America and the Caribbean 2020 presents key indicators on health and health systems in 33 Latin America and the Caribbean countries. This first Health at a Glance publication to cover the Latin America and the Caribbean region was prepared jointly by OECD and the World Bank. Analysis is based on the latest comparable data across almost 100 indicators including equity, health status, determinants of health, health care resources and utilisation, health expenditure and financing, and quality of care. The editorial discusses the main challenges for the region brought by the COVID-19 pandemic, such as managing the outbreak as well as mobilising adequate resources and using them efficiently to ensure an effective response to the epidemic. An initial chapter summarises the comparative performance of countries before the crisis, followed by a special chapter about addressing wasteful health spending that is either ineffective or does not lead to improvement in health outcomes so that to direct saved resources where they are urgently needed.
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  • 15-May-2020

    English

    OECD countries invite Costa Rica to join as 38th member

    OECD countries unanimously decided today to invite Costa Rica to become a member of the Organisation. Costa Rican President Carlos Alvarado Quesada and OECD Secretary-General Angel Gurría will sign an Accession Agreement in the coming days.

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  • 18-March-2020

    English

    Costa Rica has improved its foreign bribery legislation but must strengthen enforcement and close legal loopholes

    Costa Rica recently strengthened its anti-bribery laws by introducing corporate criminal liability. Despite this achievement, loopholes in the definition of the foreign bribery offence and its enforcement raise significant concerns, according to a new report by the OECD Working Group on Bribery.

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  • 20-February-2020

    English, PDF, 1,316kb

    Digital economy policy in Costa Rica

    This review was conducted in the context of the Costa Rica's roadmap to OECD membership. It evaluates the country's willingness and ability to implement the substantive OECD legal instruments related to digital economy policy, and compares its national policies to OECD best practices.

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  • 20-February-2020

    English, PDF, 875kb

    Consumer policy in Costa Rica

    This report provides an overview of consumer policy in Costa Rica in the context of the country's roadmap to OECD membership. It aims to assess Costa Rica's willingness and ability to implement the substantive OECD legal instruments related to consumer policy, and to evaluate Costa Rica’s policies and practices compared to OECD best practices on consumer issues.

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