Costa Rica’s successful economic performance and social achievements realised over the last three decades are widely acknowledged. GDP per capita has steadily increased at higher rates than in most Latin American countries as the economy has evolved along its development path from a rural and agriculture-based to a more diversified economy integrated in global value chains. But Costa Rica faces challenges and must enhance and broaden the basis for productivity growth by strengthening its innovation system and enhancing the role of science, technology and innovation in addressing its national development goals.
Costa Rica’s strong agricultural sector is underpinned by the country’s political stability, robust economic growth and high levels of human development. The sector has achieved significant export success, yet raising productivity and staying competitive in world markets will require efforts to address bottlenecks in infrastructure, innovation and access to financial services. Maximising Costa Rica’s comparative advantage in higher-value niche products will depend upon more efficient services to agriculture, including better implementation of programmes, improved co-ordination among institutions, and reduced bureaucracy. While overall protection for agriculture is relatively low compared to OECD countries, it is nonetheless highly distorting to production and trade. Managing the transition to scheduled liberalisation presents an opportunity to reform costly policies, and to implement an alternative policy package with new investments in innovation, productivity and diversification, supported by transition assistance where needed. Costa Rican agriculture’s vulnerability to extreme weather events is expected to worsen with climate change, and even while the country is among global leaders in environmental protection, sustainable development and climate change mitigation, further adaptation efforts will be necessary.
Costa Rica should increase agricultural productivity and take new steps to promote competitiveness to ensure that the farm sector continues to contribute to sustainable and inclusive growth, according to a new OECD report.
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Country note from Going for Growth 2017 for Costa Rica
Despite an improvement in overall macroeconomic performance in Costa Rica, income inequality has risen and is currently at its maximum historical value.
The School is organising specialised courses on socio-economic development and creating an international platform to exchange experiences and knowledge between public officers and practitioners from OECD member and non member countries that deals with cooperation and local development issues. The Eighth edition took place from 17th to 28th July, 2017 (Trento, Italy).
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El presente proyecto responde a un vacío de coordinación interinstitucional que resulta en la ineficacia de la gestión pública. Caso de estudio de la Summer School “Comunidad y desarrollo local en América Latina”, organizada por el Centro OCDE LEED para el Desarrollo Local (Italia).
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A two-page OECD summary and analysis of the Services Trade Restrictiveness Index results for Costa Rica
Costa Rica is one of the first countries to involve the executive, legislative and judicial branches of the state in the design and implementation of its national open government agenda. The OECD Open Government Review of Costa Rica supports the country in its efforts to build a more transparent, participatory, and accountable government as an essential element of its democracy. This review provides an overview of the current national institutions, legal framework, policies and initiatives that underpin the implementation of open government principles, with a focus on policy co-ordination, citizen participation, and open government policies at the local level. It includes a detailed and actionable set of recommendations to help the country achieve its goal of creating an open state.
These country notes contain indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation.