Hidden Bibliographic Details
| Varying Form of Title: | Costa Rica, ex post evaluation of exceptional access under the 2009 stand-by arrangement
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| Other authors / contributors: | International Monetary Fund, issuing body.
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| ISBN: | 1283569604
9781283569606
9781455295685
145529568X
1455293660
9781455293667
9781455273508
1455273503
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| Notes: | Online resource; title from PDF title page (IMF Web site, viewed June 30, 2011).
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| Summary: | This report reviews Costa Rica's performance under the Stand-By Arrangement. At the time of the global crisis, Costa Rica's macroeconomic policy framework was constraining policy options. The financial program's design was consistent with its policies and objectives. Structural reforms during the program period were slow, and fiscal risk increased. The program's design reflected the challenges and priorities that Costa Rica faced at that time, as well as policy constraints. Program conditionality focused on maintaining sufficient buffers in the form of foreign exchange reserves.
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