Cover IMF Staff Country Reports
Costa Rica: Selected Issues and Analytical Notes
Author: International Monetary Fund. Western Hemisphere Dept.
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2016: Issue 132
Language:
English
Publication Date:
23 May 2016
DOI:
https://doi.org/10.5089/9781484362693.002
ISBN:
9781484362693
ISSN:
1934-7685
Pages:
92
Keywords:
ISCR; CR; LFP rate; market development; macroeconomic fundamentals; monetary policy rate; debtor position vis-à-vis bank; net FX debt position; Financial inclusion; Financial sector development; Credit; Women; Fiscal consolidation; Global; Central America; Europe; Caribbean
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This paper looks at the following important issues pertaining to the economy of Costa Rica: micro-financial linkages, financial sector vulnerabilities, monetary policy stance, financial deepening in Costa Rica, financial inclusion in Costa Rica, recent fiscal developments and medium-term sustainability, and female labor force participation in Costa Rica. This paper discusses linkages between the Costa Rican real economy and financial sector. Although increasingly diversified, the Costa Rican financial system is centered on banking intermediation. The banking system is highly segmented and heavily dollarized. To assess the adequacy of the current monetary policy stance, this paper estimates the neutral monetary policy interest rate.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund