OECD economic surveys : Costa Rica 2016 economic assessment
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| Autor Corporativo: | |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Paris, [France] :
OECD
2016.
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| Colección: | OECD Economic Surveys,
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706011406719 |
Tabla de Contenidos:
- Table of contents; Basic Statistics of Costa Rica, 2014 ; Executive summary; Main challenges-Key recommendations; Assessment and recommendations; Figure 1. Costa Rica's economic, social and environmental track record is strong; Figure 2. Well-being indicators are comparable with OECD average; Figure 3. Life satisfaction is high; Table 1. Key indicators; Recent macroeconomic development and short term prospects; The economy is recovering from a sharp slowdown; Figure 4. The crisis has left lingering effects; Table 2. Macroeconomic indicators and projections
- Box 1. Main vulnerabilities surrounding Costa Rican economy's prospectsThe government has proposed a wide-ranging tax reform to start tackling fiscal problems; Figure 5. The fiscal outlook is challenging; Figure 6. Fiscal revenue in Costa Rica is lower than in OECD countries; Figure 7. The tax reform will raise the progressivity of the personal income tax by little; Public employment reform is urgent to control the public sector wage bill; Figure 8. Public employment is low and the wage bill high; Figure 9. The public-private sector wage gap is large
- Overhauling the Costa Rican fiscal policy frameworkFigure 10. The public sector of Costa Rica is highly fragmented; Table 3. Costa Rica's central government budget is excessively rigid; Public debt is rising; Figure 11. Debt sustainability hinges on fiscal reform; Monetary policy is moving towards inflation targeting but financial dollarisation remains high; Figure 12. The transition towards inflation targeting has lowered the exchange rate pass-through; Figure 13. Central bank's interventions lower foreign exchange rate volatility
- Figure 14. Exchange rate expectations have been stable and financial dollarisation is still highFigure 15. Banks' capital-to-asset ratios are higher than in peer countries; Promoting inclusive and sustainable growth in Costa Rica; Figure 16. Inequality is rising; Table 4. Relative contribution of each source of income to total inequality; Figure 17. Transfers in-kind reduce inequality; Table 5. Distribution of beneficiaries of social programmes by income quintile; Making the labour market more inclusive; Figure 18. Unemployment is high and hits the poor hard
- Figure 19. Female labour market participation is lowFigure 20. Informal employment is increasing; Figure 21. Employer social security contributions are high; Improving the quality of education; Figure 22. Spending on education is high but outcomes are low; Figure 23. PISA scores can be improved; Increasing efficiency in the health system; Figure 24. Out-of-pocket spending is high and increasing despite high health spending; Boosting potential output growth and productivity while protecting the environment; Sustaining environmental protection to reinforce the green trademark
- Figure 25. The high share of renewable in electricity contributes to low emissions per capita
