"Now, with the economy in decline, companies in Costa Rica have to learn to compete in a field where powerful multinational companies and other competitors fight to the relatively small but important Central American market.
With this introduction, CostaRicaPages analyzes various topics which will define the future of the country base on "how the population chooses to react to them ..."
Projections have been released by the Ministry of Planning on cities, water, energy, population, employment, production, economic development priorities, education, land use, safety, infrastructure and logistics.
With the title "Guatemala 2032, A Vision for the new Katun", the Ministry of Planning and Programming of the Presidency (Segeplan) has presented a document that attempts to visualise Guatemala over 20 years, and the stages within this transition.
Costa Rica: Staff Report for the 2009 Article IV Consultation and First Review Under the Stand-By Arrangement.
The global crisis has hit Costa Rica hard. After experiencing an economic boom with output growth averaging 6.6 percent during 2003–2007, the Costa Rican economy decelerated sharply in 2008 as output growth turned negative in the fourth quarter of 2008 (-1.7 percent compared to the same quarter of the previous year) and continued to decline in the first quarter of 2009 (-4.8 percent). A major correction in inventories and a decline in sectors most dependent on external conditions were key factors behind the slowdown. Nonetheless, the decline in output appears to be approaching an end. The index of economic activity rose 1.2 percent on a quarter-on-quarter basis in the second quarter of 2009, as output in key sectors stabilized. At the same time, inflation remained on a firm downward path, falling from 13.9 percent in December 2008 to 5.7 percent in August 2009, its lowest level in over 30 years.
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