Costa Rica

Research Paper # 6996

Economics > International
Latin-American Studies > Modern Period (1900-1960)
Latin-American Studies > Post-Modern (1960 on)

Costa Rica

An analysis of the economic development in Costa Rica, and the political, social and macro-economic factors which influence it.

3,070 words () | 14 sources | APA | 2002

Paper Summary:

The following paper discusses issues of foreign direct investment, primary exports and trade agreements, among other issues, to present a holistic view of the situation

From the Paper:

"In light of increasingly international business practices such as the global sourcing of production and of governmental initiatives such as international agreements on trade and investment, it is easy to predict that foreign direct investment will continue to grow. Costa Rica demonstrates how democratic institutions and transnational market integration can drive and invite that type of investment, and it can be expected that their economy and standard of living will rise correspondingly. The lesson for developing countries is that democracy and regional integration provide the kind of institutional structures that foster economically productive results."