Brief description of the macroeconomic situation of Costa Rica in the context of COVID-19
DOI:
https://doi.org/10.15359/peds.7-1.3Abstract
The COVID-19 pandemic directly affected countries' economies. Given this picture, the recommended economic policies are diverse, but the situation faced by each country is particular. Therefore, the most leading policies in the world, as well as the alternatives given by some economists, are set out in this essay. The possibility of implementing these economic policies is also valued in view of the current situation in the country. The results are not encouraging for Costa Rica: fiscal policy has little scope for action; whereas monetary policy is a useful but insufficient tool to deal with all the country's problems. In order to emerge from the economic crisis it is imperative that the changes to be made are structural and not just conjunctural.
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