Laura Chinchilla's fiscally conservative administration has
built on the country's strengths of security, stability and an
open economy. Foreign investment has soared to record levels
and, under her watch, the country has made a well-timed return
to the international bond markets.
Costa Rica | A matter of time: Interview with president Laura Chinchilla
As Costa Rica’s president Laura Chinchilla enters her final year in office, she talks to LatinFinance about her remaining ambitions – and her legacy
Now Chinchilla, who has continued broadly with the policies
of her predecessor, Óscar Arias, is seeking to revamp
the country's infrastructure - long a source of frustration for
local businesses, and especially so now as the country attempts
to build a more sophisticated economy.
But for the longer-term, much depends on the government's
ability to increase tax revenues, a goal that has so far proved
elusive amid stiff popular resistance.
Meanwhile, the ruling National Liberation Party has not been
having all its own way. Chinchilla's left-leaning party won
less than half of the 57 seats in the parliament. Its closest
rival, the Citizens' Action Party, won...
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