LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

January 19, 2022

Which Candidate Has the Edge Ahead of Costa Rica’s Vote?

Costa Ricans head to the polls for their country’s presidential election in two and a half weeks. Among the front-runners, according to recent polls, is former President José María Figueres. // File Photo: Facebook page of José María Figueres.

Q

A

Francisco Chacón-González, attorney at Zurcher Odio & Raven in Costa Rica: “The low growth of the Costa Rican economy and unemployment are the most serious problems facing the country. These problems have been dragging on for several years and have been aggravated by the persistent fiscal deficit (half-attended) and the health measures adopted to respond to the Covid-19 pandemic. The four candidates that today appear to have the possibility of going on to the second round of elections (Figueres, Saborío, Alvarado and Chaves) agree that economic reactivation will only be possible with efforts from the private sector. This makes it necessary to loosen many of the ties that today limit companies’ possibilities of investing, taking risks and growing more. Linked to the above, the commitments derived from the recent agreement with the IMF have been questioned because they depend more on an already weak economy’s taxes and debt than on the necessary reform of the state apparatus, the elephant in the room. Few want to talk about this because of its electoral repercussions and the voting power that public employees may have in February…”

Top News

Summit of the Americas to Be in Los Angeles
The White House announced that the ninth Summit of the Americas will be held in Los Angeles in June. It will be the first such gathering in the United States since 1994.
Judge Approves Puerto Rico’s Exit From Bankruptcy
A U.S. federal judge approved a plan for a debt restructuring that will allow Puerto Rico to exit bankruptcy.
Former Senator Betancourt Makes Bid for President of Colombia
Former Colombian Senator Ingrid Betancourt announced that she would run for president of the South American country. Betancourt spent six years as a hostage after she was kidnapped by FARC rebels in 2002.

Complete editions of the Latin America Advisor are delivered on a biweekly basis to members of the Dialogue’s Corporate Program and other subscribers. Sign up below for a free complimentary preview subscription.

ABOUT THE LATIN AMERICA ADVISOR

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.

Subscribers

Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

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,
Adtalem Global Education

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,
Georgetown University

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

Subscribe To
Latin America Advisors

* indicates required field

The Inter-American Dialogue Education Program

SUBSCRIBE TO OUR NEWSLETTER / SUSCRÍBASE A NUESTRO BOLETÍN:

* indicates required