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Country Role Models for Development Success: The Case of Costa Rica

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  • Alberto Trejos

Abstract

In this paper, I discuss the reasons for Costa Rica's economic performance over the last quarter of a century. Three complementary sets of policies (investments in human capital, careful stabilization, and an intelligent and aggressive integration into the world economy) explain the successful trends, and can be thought of—at least in hindsight—as a development strategy. While fruitful, this strategy has been incomplete, as there have been less results in other policy areas, including income distribution, infrastructure, adequate taxation and telecoms.

Suggested Citation

  • Alberto Trejos, 2009. "Country Role Models for Development Success: The Case of Costa Rica," WIDER Working Paper Series RP2009-54, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2009-54
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    File URL: https://www.wider.unu.edu/sites/default/files/RP2009-54.pdf
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    Cited by:

    1. Eliana Cardoso, 2010. "Between Past and Future of Latin America: Lessons from Brazil, Chile, Costa Rica and the Dominican Republic," WIDER Working Paper Series wp-2010-095, World Institute for Development Economic Research (UNU-WIDER).

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    Keywords

    Economic development; Economic policy;

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