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Costa Rica sets High-Tech Growth Strategy
The Costa Rican government and the Costa Rica Investment and Trade Development Board ("Cinde"), have set an economic growth strategy to establish Costa Rica as Latin America's "high-tech capital." To generate faster, more sustainable economic growth, Costa Rica has set a strategic focus on the development of industrial "clusters," which has resulted in hundreds-of-millions of dollars in investments by high-tech companies like the Acer Group, DSC Communications Corp., Intel Corp., Lucent Technologies Inc., Microsoft Corp., Motorola Inc. and Sawtek Inc. Costa Rica's Contribution The government emphasizes the following incentives to investment in Costa Rica:
English language courses are mandatory for all Costa Rican students
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Location: Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Nicaragua and Panama
Geographic coordinates: 10 00 N, 84 00 W Map references: Central America and the Caribbean
Area:
Area - comparative: slightly smaller than West Virginia
Land boundaries:
Coastline: 1,290 km
Maritime claims:
Climate: tropical; peak season (December to May) and (July and August) Terrain: coastal plains separated by rugged mountains
Elevation extremes:
Natural resources: hydropower potential
Land use:
Irrigated land: 1,200 sq km (1993 est.) Environment - current issues: reforestation is a major focus
Environment - international agreements:
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Population: 3,534,174 (July 1997 est.)
Age structure:
Population growth rate: 2% (1997 est.) Birth rate: 23.35 births/1,000 population (1997 est.) Death rate: 4.15 deaths/1,000 population (1997 est.) Net migration rate: 0.82 migrant(s)/1,000 population (1997 est.)
Sex ratio:
Life expectancy at birth:
Total fertility rate: 2.85 children born/woman (1997 est.)
Nationality:
Ethnic groups: white (including mestizo) 96%, black 2%, Amerindian 1%, Chinese 1% Religions: Roman Catholic 95% Languages: Spanish (official), English spoken around Puerto Limon
Literacy:
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Country name:
conventional long form : Republic of Costa Rica conventional short form: Costa Rica local long form: Republica de Costa Rica local short form: Costa Rica Data code: CS Government type: democratic republic National capital: San Jose Administrative divisions: 7 provinces (provincias, singular - provincia); Alajuela, Cartago, Guanacaste, Heredia, Limon, Puntarenas, San Jose Independence: 15 September 1821 (from Spain) National holiday: Independence Day, 15 September (1821) Constitution: 9 November 1949 Legal system: based on Spanish civil law system; judicial review of legislative acts in the Supreme Court; has not accepted compulsory ICJ jurisdiction Suffrage: 18 years of age; universal and compulsory
Executive branch:
Legislative branch: unicameral Legislative Assembly or Asamblea Legislativa (57 seats; members are elected by direct popular vote to serve four-year terms)
Judicial branch: Supreme Court (Corte Suprema), justices are elected for eight-year terms by the Legislative Assembly Political parties and leaders: National Liberation Party or PLN [Rolando ARAYA]; Social Christian Unity Party or PUSC [Rafael Angel CALDERON Fournier]; National Integration Party or PIN [Walter MUNOZ]; National Agrarian Party or PAN; People's Party of Costa Rica or PPC [Lenin CHACON Vargas]; Agricultural Union Party or PUAC [Juan Guillermo BRENES Castillo]; Democratic Force Party or FD [Isaac Felipe AZOFEIFA Bolanos]; People United [Humberto VARGAS Carbonell]; Patriotic Front Party; New Democratic Party or PDN [Rodrigo GUTIERREZ)] Political pressure groups and leaders: Costa Rican Confederation of Democratic Workers or CCTD (Liberation Party affiliate); Confederated Union of Workers or CUT (Communist Party affiliate); Authentic Confederation of Democratic Workers or CATD (Communist Party affiliate); Chamber of Coffee Growers; National Association for Economic Development or ANFE; Free Costa Rica Movement or MCRL (rightwing militants); National Association of Educators or ANDE; Federation of Public Service Workers or FTSP International organization participation: AG (observer), BCIE, CACM, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA (observer), NAM (observer), OAS, OPANAL, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNIDO, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US:
Diplomatic representation from the US:
Flag description: five horizontal bands of blue (top), white, red (double width), white, and blue, with the coat of arms in a white disk on the hoist side of the red band |
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Economy - overview: Costa Rica's basically stable and progressive economy depends especially on tourism and the export of bananas, coffee, and other agricultural products. Poverty has been substantially reduced over the past 15 years, and a strong social safety net has been put in place.
GDP: purchasing power parity - $19 billion (1996 est.) GDP - real growth rate: -0.9% (1996 est.) GDP - per capita: purchasing power parity - $5,500 (1996 est.)
GDP - composition by sector:
Inflation rate - consumer price index: 13.9% (1996 est.)
Labor force:
Unemployment rate: 5.5% (1996 est.); much underemployment
Budget:
Industries: food processing, textiles and clothing, construction materials, fertilizer, plastic products Industrial production growth rate: 10.5% (1992) Electricity - capacity: 1,113,900 kW (1995) Electricity - production: 5.138 billion kWh (1995) Electricity - consumption per capita: 1,330 kWh (1995 est.) Agriculture - products: coffee, bananas, sugar, corn, rice, beans, potatoes; beef; timber (depletion of forest resources has resulted in declining timber output)
Exports:
Imports:
Debt - external: $3.2 billion (October 1996 est.)
Economic aid:
Currency: 1 Costa Rican colon (C) = 100 centimos Fiscal year: calendar year |
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Telephones: 281,042 (1983 est.)
Telephone system: very good domestic telephone service
Radio broadcast stations: AM 71, FM 0, shortwave 13 Radios: NA Television broadcast stations: 18 Televisions: 340,000 (1993 est.) |
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Railways:
total : 950 km narrow gauge: 950 km 1.067-m gauge (260 km electrified) note: the entire system was scheduled to be shut down on 31 June 1995 because of insolvency
Highways:
Waterways: about 730 km, seasonally navigable Pipelines: petroleum products 176 km Ports and harbors: Caldera, Golfito, Moin, Puerto Limon, Puerto Quepos, Puntarenas Merchant marine: none Airports: 143 (1996 est.)
Airports - with paved runways:
Airports - with unpaved runways:
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Military branches: Coast Guard, Air Section, Ministry of Public Security Force (Fuerza Publica) note - during 1996, the Ministry of Public Security reorganized and eliminated the Civil Guard, Rural Assistance Guard, and Frontier Guards as separate entities; they are now under the Ministry and operate on a geographic command basis performing ground security, law enforcement, counternarcotics, and national security (border patrol) functions; the Constitution prohibits armed forces
Pacifism: In 1949, Costa Rica became the "country with no army." Ever since the army was abolished in that year, this has been the nation's hallmark, a tradition that has been reinforced by Costa Rica's recurring role as mediator and pacifier in Central American conflicts. International recognition of this came in 1987 when President Oscar Arias was presented with the Nobel Peace Prize, while Ticos proudly point out that what would have been defense budgets are channeled into schools and health services. |
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Disputes - international: none
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Visit our sister site at: CostaRicaAdventures.com |
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