Future Monetary and Exchange Policies of Costa Rica
Analysis of the main weaknesses of the proposals from the main presidential candidates in the 2010 elections.
Monday, June 29, 2009
Playing the “devil’s advocate,” analyst Edgar Delgado set out to review the proposals of the Costa Rican presidential candidates, trying to find potential weaknesses in each proposal.
Representatives of business associations have proposed ten measures to prevent the entry of speculative capital into the country and to provide flexibility to the exchange rate without local currency appreciating.
Despite polls showing a likely victory for Laura Chinchilla, the country has a history of election day surprises.
Laura Chinchilla, from “Liberación Nacional”, the party in power, was elected as president for the 2010-2014 term.
Laura Chinchilla, from the ruling government party, is the clear favorite to win the upcoming presidential elections in Costa Rica.
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