The global economy begins to show signs of recovery after the sharp slowdown caused by the most dangerous financial shock that has affected developed markets since the thirties.
Some signs that portend an economic recovery include the revival of industrial production and global trade, the recovery of raw material prices and improved conditions in global financial markets. Note taken from smartsoftint.com news/edition 177
In his considerations, the ONU report says world economy will positive numbers in 2010 after a fall two percent in 2009, warned that the recovery will be slow Note taken from Balboa Radio.com 28 Mayo 2010
The global recovery started with more force than was anticipated, but moves at a different rate for each region
The prospects of economic recovery in 2010 are optimistic for Costa Rica and Honduras, but are not the same for the other Central American countries, experts say the Central American Bank for Economic Integration
After the crisis that took the country from late 2008 until mid 2009, the economy of Costa Rica in 2010 has been greatly benefited as compared to the previous year grew by 6.3% in the first quarter. There was an increase in employment, more than 26 000 new jobs in several sectors, which helped this growth. Note taken from Ticosland.com 13 May 2010
"Costa Rica's economy appears to be aimed at a clear recovery in 2010, with a growth rate of 3.2%, but could grow to 4 or 4.5%," Oswald said economist Céspedes, Central Academy.
Heavy investment in public works, with a loan from the Inter-American Development Bank, and the continuity of the ruling party following the elections on February 7, stimulate private sector confidence, said Cespedes
Costa Rican exports recorded one of the best performance in the context of Latin America during 2009 despite the international economic recession, this according to estimates by the Economic Commission for Latin America and the Caribbean (ECLAC), released by the Foreign Trade Promoter (PROCOMER ) - that put the country as the second in the region whose exports declined less.
Indeed, this behavior favorable to the crisis could be confirmed with data from the fourth quarter, which was the lowest quarterly drop (of only -1.2% over the fourth quarter of last year) and offers a glimpse of the recovery of domestic exports, and positive expectations about a country's return to the path of growth in 2010. Central AmericanData.com 22 Enero 2010 Central AmericanData.com 22 Enero 2010
"The Costa Rica's economic recovery is firmly under way. Economic growth accelerated in the second half of 2009 and maintained its vigor in the first quarter of 2010. The attitude of consumers and businesses has become established and financial conditions have continued to improve. In general, the rebound in activity has been stronger than initially expected, "said International Monetary Fund Note taken from Newspaper La Nación C.R 22 July 2010
We hope that this economic upturn has taken the country continues to grow more and more to exceed the level we had before the crisis affecting us all two years ago.
