Costa Rica : Competitiveness Diagnostic and Recommendations

Costa Rica is a clear success story. The country enjoys the highest standard of living in Central America and one of the highest in Latin America and the Caribbean (LAC). Not surprisingly, poverty levels are among the lowest in LAC. Indeed in 2004,...

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Bibliographic Details
Main Author: World Bank
Format: PSD, Privatization and Industrial Policy
Language:English
Published: World Bank 2012
Subjects:
R&D
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090817234330
http://hdl.handle.net/10986/3092
id okr-10986-3092
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO CREDIT
ACCESS TO FINANCE
ACCESS TO FINANCING
ACCESS TO LOANS
ACCREDITATION
ADVERTISEMENTS
ADVERTISING
AFFORDABLE FINANCING
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTORS
BANK ACCOUNT
BANKING SYSTEM
BANKS
BEST PRACTICE
BEST-PRACTICE
BONDS
BUSINESS ASSOCIATION
BUSINESS CLIMATE
BUSINESS COMMUNITY
BUSINESS ENVIRONMENT
BUSINESS INDICATORS
BUSINESS LIFE
BUSINESS NEEDS
BUSINESS REGULATION
BUSINESS SECTOR
BUSINESSES
BUYER
CALCULATION
CAPITAL INVESTMENT
COLLATERAL
COMMERCIAL LENDING
COMPETITIVENESS
COMPUTER SCIENCE
CONSUMER
CONSUMER CREDIT
CONSUMER DEMAND
CONSUMER LOANS
CONSUMERS
CONTRIBUTION
CONTRIBUTIONS
COOPERATIVES
COPYRIGHT
COPYRIGHTS
CORRUPTION
COST OF SUBSIDIES
COST RECOVERY
CREDIT CARDS
CREDIT RECORDS
CROSS-SUBSIDIES
CURRENCY
CURRENT ACCOUNTS
CURRICULA
CURRICULUM
CUSTOMS
DEBT
DEBT FINANCING
DEBT SERVICE
DEPOSIT
DEPOSITS
DEVELOPMENT BANKS
E-MAIL
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC MANAGEMENT
ECONOMIES OF SCALE
EDUCATION LOANS
EDUCATION PROGRAMS
EDUCATION SYSTEM
ELECTRICITY
ENROLLMENT
ENTERPRISE SURVEY
EQUIPMENT
EQUITY FUNDING
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXPORT BASE
EXPORT MARKET
EXPORT MARKETS
EXPORT PROMOTION
EXPORT SECTOR
EXTERNAL SHOCKS
FINANCIAL AID
FINANCIAL CONSTRAINTS
FINANCIAL INTERMEDIATION
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEMS
FINANCIAL PERFORMANCE
FINANCIAL SECTOR
FINANCIAL SERVICES
FINANCIAL SUSTAINABILITY
FINANCIAL SYSTEM
FLEXIBLE FINANCING
FOREIGN TRADE
FUTURE GROWTH
GENERAL PUBLIC
GLOBAL COMPETITIVENESS
GLOBAL ECONOMY
GLOBAL MARKET
GOVERNMENT POLICIES
GOVERNMENT POLICY
GROWTH POTENTIAL
GROWTH STRATEGY
HIGH INTEREST RATES
HORIZONTAL INTEGRATION
HOUSEHOLDS
HUMAN CAPITAL
HUMAN RESOURCES
INCOME
INCOME CATEGORY
INFORMATION SYSTEMS
INNOVATION
INSPECTION
INSPECTIONS
INSTITUTION
INSTITUTIONAL CAPACITIES
INSTITUTIONAL CAPACITY
INSURANCE
INSURANCE SCHEME
INTEREST RATE
INTEREST RATES
INTERNATIONAL BANK
INVESTING
INVESTMENT CAPITAL
INVESTMENT CLIMATE
INVESTMENT CLIMATE ASSESSMENT
LABOR MARKET
LABOR MARKETS
LARGE FIRMS
LEGAL BARRIERS
LEGAL FRAMEWORK
LEGAL ISSUES
LEGAL REQUIREMENTS
LEGAL SOLUTIONS
LENDERS
LENDING DECISIONS
LICENSE
LICENSES
LIMITED ACCESS
LITERACY
LITERACY RATES
LOW COST
LOW INCOME
LOWER INTEREST RATES
MACROECONOMIC STABILITY
MANAGEMENT OPERATIONS
MANUFACTURING
MARKET ANALYSIS
MARKET DEMANDS
MARKET INFORMATION
MARKET PRICES
MARKET RESEARCH
MATERIAL
MATH
MEDIUM ENTERPRISES
MFIS
MICRO-ENTREPRENEURS
MICROFINANCE
MOVEMENT OF GOODS
MULTINATIONAL
NATURAL RESOURCES
NEW TECHNOLOGIES
OBSTACLES TO GROWTH
OPERATING COSTS
PERFORMANCE INDICATORS
POVERTY LEVELS
PRIVATE ENTERPRISES
PRIVATE PARTNERSHIPS
PRIVATE SECTOR
PRIVATE SECTOR FINANCING
PRIVATE SECTOR PARTICIPATION
PRIVATE SECTORS
PROCUREMENT
PROCUREMENT PROCESSES
PRODUCTION PROCESS
PRODUCTIVITY
PROPERTY RIGHTS
PUBLIC BANKS
PUBLIC EDUCATION
PUBLIC POLICY
PUBLIC-PRIVATE PARTNERSHIPS
QUALITY OF SERVICE
QUERIES
R&D
RED TAPE
REGISTRATION PROCESS
REGULATORY FRAMEWORK
RELIABILITY
RESULT
RESULTS
RETAIL BUSINESSES
RETURN ON INVESTMENTS
SALARIES
SALES
SATELLITE
SAVINGS
SECONDARY EDUCATION
SECONDARY SCHOOL
SECONDARY SCHOOL STUDENTS
SITES
SMALL ENTERPRISES
SMALLER ENTERPRISES
SOCIAL DEVELOPMENT
SOCIAL SECURITY
STATE UNIVERSITY
STUDENT LOANS
TEACHER TRAINING
TECHNICAL ASSISTANCE
TECHNICAL EDUCATION
TECHNICAL KNOWLEDGE
TECHNICAL TRAINING
TECHNOLOGICAL INNOVATION
TECHNOLOGY TRANSFER
TELECOMMUNICATIONS
TELEPHONE
TRADE FACILITATION
TRAINING PROGRAM
TRAINING PROGRAMS
TURNOVER RATES
USERS
USES
VALUE CHAIN
VALUE CHAINS
VENTURE CAPITAL
VENTURE CAPITALISTS
VENTURE INVESTORS
WAREHOUSE
WAREHOUSES
WORTH
spellingShingle ACCESS TO CREDIT
ACCESS TO FINANCE
ACCESS TO FINANCING
ACCESS TO LOANS
ACCREDITATION
ADVERTISEMENTS
ADVERTISING
AFFORDABLE FINANCING
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTORS
BANK ACCOUNT
BANKING SYSTEM
BANKS
BEST PRACTICE
BEST-PRACTICE
BONDS
BUSINESS ASSOCIATION
BUSINESS CLIMATE
BUSINESS COMMUNITY
BUSINESS ENVIRONMENT
BUSINESS INDICATORS
BUSINESS LIFE
BUSINESS NEEDS
BUSINESS REGULATION
BUSINESS SECTOR
BUSINESSES
BUYER
CALCULATION
CAPITAL INVESTMENT
COLLATERAL
COMMERCIAL LENDING
COMPETITIVENESS
COMPUTER SCIENCE
CONSUMER
CONSUMER CREDIT
CONSUMER DEMAND
CONSUMER LOANS
CONSUMERS
CONTRIBUTION
CONTRIBUTIONS
COOPERATIVES
COPYRIGHT
COPYRIGHTS
CORRUPTION
COST OF SUBSIDIES
COST RECOVERY
CREDIT CARDS
CREDIT RECORDS
CROSS-SUBSIDIES
CURRENCY
CURRENT ACCOUNTS
CURRICULA
CURRICULUM
CUSTOMS
DEBT
DEBT FINANCING
DEBT SERVICE
DEPOSIT
DEPOSITS
DEVELOPMENT BANKS
E-MAIL
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC MANAGEMENT
ECONOMIES OF SCALE
EDUCATION LOANS
EDUCATION PROGRAMS
EDUCATION SYSTEM
ELECTRICITY
ENROLLMENT
ENTERPRISE SURVEY
EQUIPMENT
EQUITY FUNDING
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXPORT BASE
EXPORT MARKET
EXPORT MARKETS
EXPORT PROMOTION
EXPORT SECTOR
EXTERNAL SHOCKS
FINANCIAL AID
FINANCIAL CONSTRAINTS
FINANCIAL INTERMEDIATION
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEMS
FINANCIAL PERFORMANCE
FINANCIAL SECTOR
FINANCIAL SERVICES
FINANCIAL SUSTAINABILITY
FINANCIAL SYSTEM
FLEXIBLE FINANCING
FOREIGN TRADE
FUTURE GROWTH
GENERAL PUBLIC
GLOBAL COMPETITIVENESS
GLOBAL ECONOMY
GLOBAL MARKET
GOVERNMENT POLICIES
GOVERNMENT POLICY
GROWTH POTENTIAL
GROWTH STRATEGY
HIGH INTEREST RATES
HORIZONTAL INTEGRATION
HOUSEHOLDS
HUMAN CAPITAL
HUMAN RESOURCES
INCOME
INCOME CATEGORY
INFORMATION SYSTEMS
INNOVATION
INSPECTION
INSPECTIONS
INSTITUTION
INSTITUTIONAL CAPACITIES
INSTITUTIONAL CAPACITY
INSURANCE
INSURANCE SCHEME
INTEREST RATE
INTEREST RATES
INTERNATIONAL BANK
INVESTING
INVESTMENT CAPITAL
INVESTMENT CLIMATE
INVESTMENT CLIMATE ASSESSMENT
LABOR MARKET
LABOR MARKETS
LARGE FIRMS
LEGAL BARRIERS
LEGAL FRAMEWORK
LEGAL ISSUES
LEGAL REQUIREMENTS
LEGAL SOLUTIONS
LENDERS
LENDING DECISIONS
LICENSE
LICENSES
LIMITED ACCESS
LITERACY
LITERACY RATES
LOW COST
LOW INCOME
LOWER INTEREST RATES
MACROECONOMIC STABILITY
MANAGEMENT OPERATIONS
MANUFACTURING
MARKET ANALYSIS
MARKET DEMANDS
MARKET INFORMATION
MARKET PRICES
MARKET RESEARCH
MATERIAL
MATH
MEDIUM ENTERPRISES
MFIS
MICRO-ENTREPRENEURS
MICROFINANCE
MOVEMENT OF GOODS
MULTINATIONAL
NATURAL RESOURCES
NEW TECHNOLOGIES
OBSTACLES TO GROWTH
OPERATING COSTS
PERFORMANCE INDICATORS
POVERTY LEVELS
PRIVATE ENTERPRISES
PRIVATE PARTNERSHIPS
PRIVATE SECTOR
PRIVATE SECTOR FINANCING
PRIVATE SECTOR PARTICIPATION
PRIVATE SECTORS
PROCUREMENT
PROCUREMENT PROCESSES
PRODUCTION PROCESS
PRODUCTIVITY
PROPERTY RIGHTS
PUBLIC BANKS
PUBLIC EDUCATION
PUBLIC POLICY
PUBLIC-PRIVATE PARTNERSHIPS
QUALITY OF SERVICE
QUERIES
R&D
RED TAPE
REGISTRATION PROCESS
REGULATORY FRAMEWORK
RELIABILITY
RESULT
RESULTS
RETAIL BUSINESSES
RETURN ON INVESTMENTS
SALARIES
SALES
SATELLITE
SAVINGS
SECONDARY EDUCATION
SECONDARY SCHOOL
SECONDARY SCHOOL STUDENTS
SITES
SMALL ENTERPRISES
SMALLER ENTERPRISES
SOCIAL DEVELOPMENT
SOCIAL SECURITY
STATE UNIVERSITY
STUDENT LOANS
TEACHER TRAINING
TECHNICAL ASSISTANCE
TECHNICAL EDUCATION
TECHNICAL KNOWLEDGE
TECHNICAL TRAINING
TECHNOLOGICAL INNOVATION
TECHNOLOGY TRANSFER
TELECOMMUNICATIONS
TELEPHONE
TRADE FACILITATION
TRAINING PROGRAM
TRAINING PROGRAMS
TURNOVER RATES
USERS
USES
VALUE CHAIN
VALUE CHAINS
VENTURE CAPITAL
VENTURE CAPITALISTS
VENTURE INVESTORS
WAREHOUSE
WAREHOUSES
WORTH
World Bank
Costa Rica : Competitiveness Diagnostic and Recommendations
geographic_facet Latin America & Caribbean
Central America
America
Costa Rica
description Costa Rica is a clear success story. The country enjoys the highest standard of living in Central America and one of the highest in Latin America and the Caribbean (LAC). Not surprisingly, poverty levels are among the lowest in LAC. Indeed in 2004, Costa Rica had the second lowest poverty headcount in LAC with just nine percent of households below the US$2 poverty line. This report is a contribution to those efforts. Based on multiple data sources, it assesses the main obstacles that affect private sector growth in Costa Rica and provides policy options and targeted interventions for improving the business environment and increasing competitiveness, with the goal of achieving sustained and broad-based growth. In this regard, the main focus of the report is on the long-term instead of on cyclical issues. This report outlines a program to address the critical bottlenecks that hamper Costa Rica in diverse fields including infrastructure, technological innovation and quality, human capital, red tape, and access to credit. The result is a rich and encompassing agenda. The rest of the report is structured in the following way. In section two, the report diagnoses the principal obstacles to export growth and of competitiveness in Costa Rica. The diagnostics reveal four areas most in need of reform: infrastructure, human capital and innovation, business regulation, and access to finance. Sections three to six cover each of these areas. Finally, the report closes with a section on conclusions and recommendations.
format Economic & Sector Work :: PSD, Privatization and Industrial Policy
author World Bank
author_facet World Bank
author_sort World Bank
title Costa Rica : Competitiveness Diagnostic and Recommendations
title_short Costa Rica : Competitiveness Diagnostic and Recommendations
title_full Costa Rica : Competitiveness Diagnostic and Recommendations
title_fullStr Costa Rica : Competitiveness Diagnostic and Recommendations
title_full_unstemmed Costa Rica : Competitiveness Diagnostic and Recommendations
title_sort costa rica : competitiveness diagnostic and recommendations
publisher World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090817234330
http://hdl.handle.net/10986/3092
_version_ 1764386450441240576
spelling okr-10986-30922021-04-23T14:02:06Z Costa Rica : Competitiveness Diagnostic and Recommendations World Bank ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCESS TO LOANS ACCREDITATION ADVERTISEMENTS ADVERTISING AFFORDABLE FINANCING AGRICULTURAL PRODUCTS AGRICULTURAL SECTORS BANK ACCOUNT BANKING SYSTEM BANKS BEST PRACTICE BEST-PRACTICE BONDS BUSINESS ASSOCIATION BUSINESS CLIMATE BUSINESS COMMUNITY BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS LIFE BUSINESS NEEDS BUSINESS REGULATION BUSINESS SECTOR BUSINESSES BUYER CALCULATION CAPITAL INVESTMENT COLLATERAL COMMERCIAL LENDING COMPETITIVENESS COMPUTER SCIENCE CONSUMER CONSUMER CREDIT CONSUMER DEMAND CONSUMER LOANS CONSUMERS CONTRIBUTION CONTRIBUTIONS COOPERATIVES COPYRIGHT COPYRIGHTS CORRUPTION COST OF SUBSIDIES COST RECOVERY CREDIT CARDS CREDIT RECORDS CROSS-SUBSIDIES CURRENCY CURRENT ACCOUNTS CURRICULA CURRICULUM CUSTOMS DEBT DEBT FINANCING DEBT SERVICE DEPOSIT DEPOSITS DEVELOPMENT BANKS E-MAIL ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MANAGEMENT ECONOMIES OF SCALE EDUCATION LOANS EDUCATION PROGRAMS EDUCATION SYSTEM ELECTRICITY ENROLLMENT ENTERPRISE SURVEY EQUIPMENT EQUITY FUNDING EXCHANGE RATE EXPENDITURE EXPENDITURES EXPORT BASE EXPORT MARKET EXPORT MARKETS EXPORT PROMOTION EXPORT SECTOR EXTERNAL SHOCKS FINANCIAL AID FINANCIAL CONSTRAINTS FINANCIAL INTERMEDIATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SUSTAINABILITY FINANCIAL SYSTEM FLEXIBLE FINANCING FOREIGN TRADE FUTURE GROWTH GENERAL PUBLIC GLOBAL COMPETITIVENESS GLOBAL ECONOMY GLOBAL MARKET GOVERNMENT POLICIES GOVERNMENT POLICY GROWTH POTENTIAL GROWTH STRATEGY HIGH INTEREST RATES HORIZONTAL INTEGRATION HOUSEHOLDS HUMAN CAPITAL HUMAN RESOURCES INCOME INCOME CATEGORY INFORMATION SYSTEMS INNOVATION INSPECTION INSPECTIONS INSTITUTION INSTITUTIONAL CAPACITIES INSTITUTIONAL CAPACITY INSURANCE INSURANCE SCHEME INTEREST RATE INTEREST RATES INTERNATIONAL BANK INVESTING INVESTMENT CAPITAL INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT LABOR MARKET LABOR MARKETS LARGE FIRMS LEGAL BARRIERS LEGAL FRAMEWORK LEGAL ISSUES LEGAL REQUIREMENTS LEGAL SOLUTIONS LENDERS LENDING DECISIONS LICENSE LICENSES LIMITED ACCESS LITERACY LITERACY RATES LOW COST LOW INCOME LOWER INTEREST RATES MACROECONOMIC STABILITY MANAGEMENT OPERATIONS MANUFACTURING MARKET ANALYSIS MARKET DEMANDS MARKET INFORMATION MARKET PRICES MARKET RESEARCH MATERIAL MATH MEDIUM ENTERPRISES MFIS MICRO-ENTREPRENEURS MICROFINANCE MOVEMENT OF GOODS MULTINATIONAL NATURAL RESOURCES NEW TECHNOLOGIES OBSTACLES TO GROWTH OPERATING COSTS PERFORMANCE INDICATORS POVERTY LEVELS PRIVATE ENTERPRISES PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR FINANCING PRIVATE SECTOR PARTICIPATION PRIVATE SECTORS PROCUREMENT PROCUREMENT PROCESSES PRODUCTION PROCESS PRODUCTIVITY PROPERTY RIGHTS PUBLIC BANKS PUBLIC EDUCATION PUBLIC POLICY PUBLIC-PRIVATE PARTNERSHIPS QUALITY OF SERVICE QUERIES R&D RED TAPE REGISTRATION PROCESS REGULATORY FRAMEWORK RELIABILITY RESULT RESULTS RETAIL BUSINESSES RETURN ON INVESTMENTS SALARIES SALES SATELLITE SAVINGS SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOL STUDENTS SITES SMALL ENTERPRISES SMALLER ENTERPRISES SOCIAL DEVELOPMENT SOCIAL SECURITY STATE UNIVERSITY STUDENT LOANS TEACHER TRAINING TECHNICAL ASSISTANCE TECHNICAL EDUCATION TECHNICAL KNOWLEDGE TECHNICAL TRAINING TECHNOLOGICAL INNOVATION TECHNOLOGY TRANSFER TELECOMMUNICATIONS TELEPHONE TRADE FACILITATION TRAINING PROGRAM TRAINING PROGRAMS TURNOVER RATES USERS USES VALUE CHAIN VALUE CHAINS VENTURE CAPITAL VENTURE CAPITALISTS VENTURE INVESTORS WAREHOUSE WAREHOUSES WORTH Costa Rica is a clear success story. The country enjoys the highest standard of living in Central America and one of the highest in Latin America and the Caribbean (LAC). Not surprisingly, poverty levels are among the lowest in LAC. Indeed in 2004, Costa Rica had the second lowest poverty headcount in LAC with just nine percent of households below the US$2 poverty line. This report is a contribution to those efforts. Based on multiple data sources, it assesses the main obstacles that affect private sector growth in Costa Rica and provides policy options and targeted interventions for improving the business environment and increasing competitiveness, with the goal of achieving sustained and broad-based growth. In this regard, the main focus of the report is on the long-term instead of on cyclical issues. This report outlines a program to address the critical bottlenecks that hamper Costa Rica in diverse fields including infrastructure, technological innovation and quality, human capital, red tape, and access to credit. The result is a rich and encompassing agenda. The rest of the report is structured in the following way. In section two, the report diagnoses the principal obstacles to export growth and of competitiveness in Costa Rica. The diagnostics reveal four areas most in need of reform: infrastructure, human capital and innovation, business regulation, and access to finance. Sections three to six cover each of these areas. Finally, the report closes with a section on conclusions and recommendations. 2012-03-19T17:24:18Z 2012-03-19T17:24:18Z 2009-07-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090817234330 http://hdl.handle.net/10986/3092 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: PSD, Privatization and Industrial Policy Latin America & Caribbean Central America America Costa Rica