Costa Rica's global image is typically dominated by sights of mountains, beaches and volcanoes, with the smell of coffee in the background. It is less known (probably because it is a small country) that Costa Rica has experienced a noteworthy structural transformation in the past decades, switching from a primarily agriculturally based economy in the late 60s to a predominantly service-oriented economy. While this transformation slowed down during the 80s (the so-called "lost decade" for many Latin American countries, caused by significant economic contractions), it caught up during the 90s and has not stopped ever since.

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20 April 2024

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ReVista

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https://revista.drclas.harvard.edu/attracting-multinationals-to-boost-development-some-evidence-from-costa-rica/

This Blog is published under the centre's Trade programme.