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Table of contents; Basic Statistics of Costa Rica, 2014 ; Executive summary; Main challenges-Key recommendations; Assessment and recommendations; Figure 1. Costa Rica's economic, social and environmental track record is strong; Figure 2. Well-being indicators are comparable with OECD average; Figure...

Box 1. Main vulnerabilities surrounding Costa Rican economy's prospectsThe government has proposed a wide-ranging tax reform to start tackling fiscal problems; Figure 5. The fiscal outlook is challenging; Figure 6. Fiscal revenue in Costa Rica is lower than in OECD countries; Figure 7. The tax refor...

Overhauling the Costa Rican fiscal policy frameworkFigure 10. The public sector of Costa Rica is highly fragmented; Table 3. Costa Rica's central government budget is excessively rigid; Public debt is rising; Figure 11. Debt sustainability hinges on fiscal reform; Monetary policy is moving towards i...

Figure 14. Exchange rate expectations have been stable and financial dollarisation is still highFigure 15. Banks' capital-to-asset ratios are higher than in peer countries; Promoting inclusive and sustainable growth in Costa Rica; Figure 16. Inequality is rising; Table 4. Relative contribution of ea...

Figure 19. Female labour market participation is lowFigure 20. Informal employment is increasing; Figure 21. Employer social security contributions are high; Improving the quality of education; Figure 22. Spending on education is high but outcomes are low; Figure 23. PISA scores can be improved; Inc...

Figure 25. The high share of renewable in electricity contributes to low emissions per capita