Arbeitspapier

Public-Private Collaboration on Productive Development Policies in Costa Rica

Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance: an autonomous institution in charge of policy for a particular economic sector is created, with a board of directors comprising representatives from both the public and the private sectors, often with the public sector in a minority position. This paper analyzes five cases of co-governance: tourism, fisheries, rice, coffee, and the attraction of foreign direct investment (FDI). When co-governance has been used in conjunction with market discipline and as a means to discover and remove obstacles to higher productivity, as in tourism and FDI attraction, PDPs have been quite successful. When, on the contrary, it has been used to shield producers from market discipline or to allow unsustainable use of natural resources, as in rice and fisheries, they have turned into failures. Coffee stands in between, with considerable social achievements but only modest competitiveness achievements.

Language
Englisch

Bibliographic citation
Series: IDB Working Paper Series ; No. IDB-WP-480

Classification
Wirtschaft
International Investment; Long-term Capital Movements
Industrial Policy; Sectoral Planning Methods
Industrial Policy
Institutions and Growth
Subject
Foreign direct investment
FDI
Industrial policy
Sectoral planning
Economic growth
Institutions
Economic growth

Event
Geistige Schöpfung
(who)
Cornick, Jorge
Jimenez, Jorge
Román, Marcela
Event
Veröffentlichung
(who)
Inter-American Development Bank (IDB)
(where)
Washington, DC
(when)
2014

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Cornick, Jorge
  • Jimenez, Jorge
  • Román, Marcela
  • Inter-American Development Bank (IDB)

Time of origin

  • 2014

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