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Five years after CAFTA-DR : assessing early results for the Costa Rican economy
Authors: --- ---
ISBN: 1464805695 1464805687 Year: 2015 Publisher: Washington, DC : World Bank,

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Abstract

For Costa Rica, the Dominican Republic; ""Central America free trade agreement (CAFTA-DR) has been more than a trade agreement. Costa Rica has used trade liberalization and promotion of international trade as a core development strategy for decades. CAFTA-DR consolidated benefits that had previously been unilaterally extended under the Caribbean Basin Initiative into a multilateral free trade agreement, providing a more stable environment for trade relationships. Beyond just being a trade agreement, CAFTA-DR opened up state monopolies in telecommunications and insurance, which polarized

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