01616cas a2200241 a 4500 AALejournalIMF010812 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451809589 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Costa Rica : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (90 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews economic developments in Costa Rica during 1995-97. Costa Rica faced a slump in economic activity in 1995-96 following a sharp deterioration in the public finances and higher inflation associated with the 1993-94 political-economic cycle. To avert a balance-of-payments crisis in early 1995, the authorities increased interest rates, imposed temporary import surcharges, and raised excise taxes, while tightening expenditure and shifting some outlays to 1996. The economy went into a recession in 1996, with private investment declining for a third consecutive year. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1998/045 Full text available on IMF http://elibrary.imf.org/view/journals/002/1998/045/002.1998.issue-045-en.xml IMF e-Library