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Comment by belval

Is there an easy answer as to why Costa Rica is doing so well? They seem to be a bit of an exception in Central/South America.

EDIT: From Wikipedia "It is known for its long-standing and stable democracy, and for its highly educated workforce, most of whom speak English. The country spends roughly 6.9% of its budget (2016) on education, compared to a global average of 4.4%. Its economy, once heavily dependent on agriculture, has diversified to include sectors such as finance, corporate services for foreign companies, pharmaceuticals, and ecotourism. Many foreign manufacturing and services companies operate in Costa Rica's Free Trade Zones (FTZ) where they benefit from investment and tax incentives."

parent belval 5 years ago

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