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Costa Rica

Costa Rica »

Source: Costa Rica : Ex Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement

Volume/Issue: 2011/157

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 June 2011

ISBN: 9781455273508

Keywords: central bank, inflation, monetary policy, fiscal position, fiscal policy

This report reviews Costa Rica's performance under the Stand-By Arrangement. At the time of the global crisis, Costa Rica's macroeconomic policy framework was constraining policy options. The financial program's de...

Costa Rica

Costa Rica »

Source: Costa Rica : Selected Issues

Volume/Issue: 2013/80

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2013

ISBN: 9781484319413

Keywords: public debt, banking, fiscal consolidation, fiscal adjustment, banking sector

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...

Costa Rica

Costa Rica »

Source: Costa Rica : Fiscal Transparency Assessment

Volume/Issue: 2013/316

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2013

ISBN: 9781484316733

Keywords: Costa Rica, Budgets, Budgeting, Fiscal transparency, Fiscal risk, Fiscal policy, Risk management, fiscal reports, fiscal transparency assessment, fiscal risks

This paper discusses pilot fiscal transparency assessment for Costa Rica. The assessment confirmed that Costa Rica has various excellent and sophisticated fiscal transparency practices. Those include: (1) instituti...

Statement by Mr. Leonardo Villar, Executive Director for Costa Rica March 27, 2019

Statement by Mr. Leonardo Villar, Executive Director for Costa Rica March 27, 2019 »

Source: Costa Rica : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica

Volume/Issue: 2019/101

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2019

ISBN: 9781498310826

Keywords: External sector, Central banks, Fiscal policy, Credit, Monetary policy, fiscal reform, unhedged, percent, percent of GDP, WEO

Costa Rica has made great strides converging towards OECD living standards, but significant vulnerabilities persist, mainly from the weak fiscal position and sizable FX lending to unhedged borrowers. Growth slowed...

Costa Rica: 2019 Articlet IV Consultation—Press Release; Stafft Report; and Statement by the Executive Director for Costa Rica

Costa Rica: 2019 Articlet IV Consultation—Press Release; Stafft Report; and Statement by the Executive Director for Costa Rica »

Source: Costa Rica : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica

Volume/Issue: 2019/101

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2019

ISBN: 9781498310826

Keywords: External sector, Central banks, Fiscal policy, Credit, Monetary policy, fiscal reform, unhedged, percent, percent of GDP, WEO

Costa Rica has made great strides converging towards OECD living standards, but significant vulnerabilities persist, mainly from the weak fiscal position and sizable FX lending to unhedged borrowers. Growth slowed...

Costa Rica: Staff Report for the 2019 Article IV Consultation—Informational Annex

Costa Rica: Staff Report for the 2019 Article IV Consultation—Informational Annex »

Source: Costa Rica : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica

Volume/Issue: 2019/101

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2019

ISBN: 9781498310826

Keywords: External sector, Central banks, Fiscal policy, Credit, Monetary policy, fiscal reform, unhedged, percent, percent of GDP, WEO

Costa Rica has made great strides converging towards OECD living standards, but significant vulnerabilities persist, mainly from the weak fiscal position and sizable FX lending to unhedged borrowers. Growth slowed...

IMF Executive Board Concludes 2019 Article IV Consultation with Costa Rica

IMF Executive Board Concludes 2019 Article IV Consultation with Costa Rica »

Source: Costa Rica : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica

Volume/Issue: 2019/101

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2019

ISBN: 9781498310826

Keywords: External sector, Central banks, Fiscal policy, Credit, Monetary policy, fiscal reform, unhedged, percent, percent of GDP, WEO

Costa Rica has made great strides converging towards OECD living standards, but significant vulnerabilities persist, mainly from the weak fiscal position and sizable FX lending to unhedged borrowers. Growth slowed...

Fiscal Transparency, Fiscal Performance and Credit Ratings1

Fiscal Transparency, Fiscal Performance and Credit Ratings1 »

Source: Fiscal Transparency, Fiscal Performance and Credit Ratings

Volume/Issue: 2012/156

Series: IMF Working Papers

Author(s): Julio Escolano , and Elif Arbatli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475504477

Keywords: Sovereign Credit Ratings, fiscal performance, public debt, budget process, budget documents

This paper investigates the effect of fiscal transparency on market assessments of sovereign risk, as measured by credit ratings. It measures this effect through a direct channel (uncertainty reduction) and an indi...

Domestic Petroleum Price Smoothing in Developing and Transition Countries

Domestic Petroleum Price Smoothing in Developing and Transition Countries »

Source: Domestic Petroleum Price Smoothing in Developing and Transition Countries

Volume/Issue: 2001/75

Series: IMF Working Papers

Author(s): Benedict Bingham , James Daniel , and Giulio Federico

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2001

ISBN: 9781451849738

Keywords: petroleum prices, petroleum products, spot price, petroleum pricing, Fiscal and Monetary Policy in Development, Energy: Government Policy,

This paper examines the case for government-led smoothing of domestic petroleum prices in the face of volatile international prices. Governments in most developing and transition countries engage in petroleum price...

A New Action-based Dataset of Fiscal Consolidation in Latin America and the Caribbean1

A New Action-based Dataset of Fiscal Consolidation in Latin America and the Caribbean1 »

Source: A New Action-based Dataset of Fiscal Consolidation in Latin America and the Caribbean

Volume/Issue: 2018/94

Series: IMF Working Papers

Author(s): Antonio David , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 April 2018

ISBN: 9781484353059

Keywords: Mexico, Paraguay, Peru, Taxation, Uruguay, Western Hemisphere, Argentina, Fiscal policy, Guatemala, Jamaica

This paper presents a new database of fiscal consolidations for 14 Latin American and Caribbean economies during 1989-2016. We focus on discretionary changes in taxes and government spending primarily motivated by...