Institutions such as the UNOPS, which supposedly come here to do what the locals can not, should be paid per piece of work for they finish, and not allowed to justify their failures with the same old excuses.
EDITORIAL By Jorge Cobas González
An entrepreneur earns when his business is successful.If it fails to capture a minimum market share and then maintain it, the investment made is lost, and the monthly income established by the performance of its business activities is also lost.Employers charge for their work and earn profits only while the company is successful.The same is true of private-company employees: their wages are tied to company earnings and profits.
Costa Rica is the one of the best examples of what happens when obstacles like the coming and going between state paternalism and trade affect the social and economic development.
While receiving an award from the National Association for Economic Development for Freedom (ANFE) 2014, Juan Carlos Hidalgo gave a stark analysis of the Costa Rican situation, which highlights the apparent contradictions between sustained economic growth and the painful reality of growing poverty.
Fluctuations in the exchange rate in recent weeks are forcing the possibility to be seriously considered.
This is what Luis Loría, director of Costa Rica's National Association for Economic Development (ANFE in Spanish), told a conference looking at the pros and cons of dollarization in the light of international experience.
Meanwhile the economist and ex trade minister, Alberto Trejos, argued that now is not the time to abandon the colón, Costa Rica's currency.
Upon assuming the Presidency of Panama, Ricardo Martinelli assured that this will be the best way to create jobs and prosperity for all.
In his inaugural address, the new leader emphasized that he will push a liberal economic model, going against the “ideological pendulum in Latin America.”
He said that he would rely on his experience in Panama’s private sector, promising to open doors to investment, reduce bureaucracy of the State, and impose “agility, efficiency, and transparency” to the process beginning today.