Global recession and Costa Rica

[sprite]

I enjoyed the positive read, Eric. I can’t move down to my property for another few years and the only way I can mitigate my frustration is my making frequent visits.
It’s good to read a positive take when so much bad stuff is coming down everywhere.

[Imxploring]

Great posting Eric! You’ve reminded me of all the reasons I get up in the morning and enjoy life! With all the good and bad in the world… with all the problems and concerns we have… I know there was a reason CR touched me!

I wish more people could see the big picture and look beyond the materialistic world with all it’s trappings. The Tico’s have that figured out… and I hope that never changes!

[crhomebuilder]

Positive insight brightens my day. Thanks.

I agree with your view that the Tico’s are bright enough to overcome the imported problems of others.

Costa Rica’s small size and under-development has worked to its advantage by aiding in the prevention of becoming severely infected with the widespread global economic crisis.

Thanks to its own underdevelopment, Costa Rica is more flexible than large industrialized countries. This flexibility to move quickly with preventative measures has enabled Costa Rica to avoid most of the current financial crisis.

Costa Rica’s Independent Democracy continues to attract Capitalism and Capitalism in the form of Foreign Direct Investments provide new opportunities for Tico’s.

During the past two decades a series of political and economic windfalls have blessed Costa Rica. Economic stability has grown and large multi-national companies have moved in and are now conducting business in new facilities that have created many new jobs for Tico’s.

Many economists agree that Costa Rica is indeed heading in a positive financial direction, but this trend is not the only development catching the eye of the international community.

The rise of social democracy, putting it into action in the form of constitutional amendments incorporating key social programs is improving the life of Costa Ricans from all levels of society. The new rapid pace of growth and development in Costa Rica has been be made possible through the opening of society and Foreign Direct Investment.

The Tico’s are no longer leaving their future completely up to chance.

[crhomebuilder]

Another reason Costa Rica will overcome any new challenges resulting from the world-wide economic crisis is from their participation in the Central American Integration System (SICA) http://www.sica.int
SICA member countries promote the process of political, economic, social, cultural, and ecological integration as well as to maintain peace, freedom, democracy and development, based firmly on respect, protection and promotion of human rights of the Central American region.
Utilizing their combined resources, Belize, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Costa Rica have a far better chance of avoiding the economic impact of the rest of the world’s financial problems.

[Author]

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