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Export Promotion and Regional Cooperation in Costa Rica

In: Economic Maladjustment in Central America

Author

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  • Willy Soto Acosta

Abstract

The government of Costa Rica expected that by entering into structural adjustment agreements with the World Bank it would achieve a conscious and rational reorganisation of the economy. In 1984 and 1985, the first adjustment programme was implemented, with the main objective to transform the productive structure from the previous import substitution strategy, focused on the Central American Common Market, toward a diversification into non-traditional exports for extra-regional markets. This would be achieved in part through a set of incentives including lifting of export duties and tariffs on raw materials that would be used in the production of the new exports.

Suggested Citation

  • Willy Soto Acosta, 1993. "Export Promotion and Regional Cooperation in Costa Rica," Palgrave Macmillan Books, in: Wim Pelupessy & John Weeks (ed.), Economic Maladjustment in Central America, chapter 6, pages 89-95, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22529-3_6
    DOI: 10.1007/978-1-349-22529-3_6
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