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- Despite these strong foundations, the development model thus far is facing significant threats.
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Oct 7, 2024 · Despite these strong foundations, the development model thus far is facing significant threats. Inequality is high. With a GINI coefficient of 46.7 in 2023, Costa Rica is among the most unequal OECD member countries.
Despite the ongoing challenges posed by COVID-19, Costa Rica managed to uphold an active democratic life, high levels of human development and strong commitments to social protection, education and renewable energy.
Apr 21, 2024 · Costa Rica’s experience underscores that no country has all the answers, but the pursuit of thoughtful, inclusive and sustainable policies can lead to significant progress. This approach demonstrates that with vision and perseverance, even small nations can have a substantial impact on the global stage.
Costa Rica is a development success story in many aspects. Considered an upper middle-income country, Costa Rica has experienced steady economic expansion over the past 25 years, but the COVID-19 pandemic, among other factors, challenges these achievements
While not as wealthy or dynamic as some other economies, Costa Rica has been moderately successful in terms of economic and human development over the last quarter of a century, with one of the highest incomes and growth rates in Latin America.
Sep 16, 2022 · But despite the country’s popular “green” image, its sustainable development model has been amply criticized, in large part for its conformity to neoliberal market forces that increase pressure on the natural resource base (Herrera-Rodríguez, 2013; Allen & Vásquez, 2017).
Costa Rica’s green policies has been reinforced by the country’s adoption of Sustainable Development (SD) as its economic model in the early 1990s (Miranda, Porras, and Moreno 2004). SD aims to meet the needs of all generations—both present and future—balancing economic growth with environmental policy (“World Commission” 1987).