LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

August 29, 2022

Has Costa Rica’s President Gotten Off to a Good Start?

Costa Rican President Rodrigo Chaves this month marked his 100th day in office. // File Photo: Costa Rican Government.

Q

A

Carlos Denton, executive director at CID/Gallup in Costa Rica: “After 100 days as Costa Rica’s president, Rodrigo Chaves, who was unknown to the general public a year ago, is more popular than when he was sworn in. He has achieved this by challenging and even taking on entrenched groups and institutions, which he perceives as holding back progress and impinging on people’s needs. Within a month of taking office, he issued a decree eliminating a 35 percent import duty on rice, a major part of the national diet and particularly important for the poor. Prices have declined. Since then, there have been almost weekly announcements including everything from eliminating mask mandates in schools, to the combing of institutions and the streamlining of functions in ministries. Chaves also recently announced the sale of two state-owned banks and 49 percent of the government-owned insurance company, INS, to raise money to lower the large foreign-owed national debt by roughly 4 percent—a small percentage but a…”

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
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Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
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John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

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