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Economic Survey of Latin America and the Caribbean 1998-1999

image of Economic Survey of Latin America and the Caribbean 1998-1999

This survey presents an overview of the regional economy and the economic performance in 1998 and the first half of 1999. It also offers individual country reports on the performance of the 20 countries of Latin America during 1998 and the first half of 1999. In addition, the Economic Survey of Latin America and the Caribbean analyzes the economic situation in the countries of the English-speaking Caribbean. This year's edition includes a CD-ROM that contains the statistical appendix.

English

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Costa Rica

Vigorous expansion of economic activity in Costa Rica (6.2%) comfortably surpassed the growth projections of 5% made at the start of 1998. This was the successful outcome of a policy, applied during the first nine months of the year, that was explicitly designed to stimulate economic activity through a more flexible monetary stance, greater availability of credit, a substantial increase in real wages (a change of government in May did not alter this dynamic), and the boost provided by the investments and operations of the new Intel microprocessor plant.

English

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