01852cas a2200241 a 4500 AALejournalIMF016804 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475519228 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Costa Rica : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica. Washington, D.C. : International Monetary Fund, 2016. 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 discusses key issues related to the economy of Costa Rica. It bounced back quickly from the global financial crisis; growth has moderated below trend and macro vulnerabilities, mainly from the weak fiscal position, are rising. Policy actions have been broadly consistent with past IMF advice. A third year of growth below potential has resulted in a moderate output gap. The central bank took advantage of the favorable shock from lower oil prices to reduce its inflation target range. The exchange rate has been stable despite abandonment of band regime, and reserve accumulation has resumed strongly. The external position is close to equilibrium, with competitiveness largely unchanged in 2014-15. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/131 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/131/002.2016.issue-131-en.xml IMF e-Library