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Productivity Profile of Costa Rica

 

Icon made by Freepik from www.flaticon.com Organisations

 

Ministry on Foreign Trade (COMEX)

Central Bank of Costa Rica

Ministry of Science, Technology and Telecommunications

Ministry of Economy, Industry and Commerce

National Council for Scientific and Technological Research

The National Training Institute

Costa Rican Investment Promotion Agency (CINDE)

  

Icon made by Freepik from www.flaticon.com Selected Publications


Central Bank of Costa Rica: The Effects of Joining Multinational Supply Chains: New Evidence from Firm-to-Firm Linkages (2019); 

OECD: Economic Surveys Costa Rica (20182016), Costa Rica: boosting productivity to sustain income convergence (2016).

  

Icon made by Smashicons from www.flaticon.com Data

 

CRC productivity growth graph‌ 

 

Click here to access our Compare-Your-Country tool and explore productivity data from the GFP member countries.  

  

 OECD Recommendations

 

Enhance the quality and efficiency of the education system

  • By establishing better educational outcomes as the main policy target, instead of a focus on spending, and develop performance indicators;

  • By increasing the share of competitive funding for public universities, based on performance measures such as the labour-market relevance of qualifications and research outcomes;
  • By monitoring the results of the dual education pilot programme and considering options for developing vocational educational further, in close conjunction with employers;

 

Strengthen competition

  • By adopting and implementing the bill that reinforces the powers, independence and funding of the competition commission;

  • By establishing a one-stop-shop for business registration and licensing. Introduce performance targets;
  • By implementing the proposal to institutionalise the Presidential Council on competitiveness, Innovation and Human Talent, unify its three sub-councils and strengthen its technical secretariat

 

Address transport infrastructure gaps

  • By improving co-ordination among the different public-works bodies by clarifying mandates and granting overall control to a single lead agency. Prioritise projects based on cost-benefit analysis.

 

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