Costa Rica is relevant to U.S. investment

Creating a healthy domestic economy is the best policy for Latin America and Central.

Political stability and the excellent reputation it has in the U.S. Costa Rica make it a key country for U.S. investment.

“It is a diverse country, cute, friendly people and really easy to visit and safe to invest,” said Laura D’Andrea Tyson, a member of the group economist adviser to President Barak Obama.

“My perception of Costa Rica is a country socially stable, democratic and well positioned to attract foreign investment, which has been important as a mechanism of economic growth.

Tyson makes a two-day visit to the country as part of the bank chair organizes the Bank of Costa Rica and aims to operate as an instance of training for customers and projecting into the community bank in Costa Rica.

In addition, Tyson has participated in previous years in this program Edmund Phelps, Nobel Laureate in Economics 2006, Mohamed Humus, Nobel Peace Prize 2006, and Juan Enriquez Cabot.

Also a member of group of advisers of Bill Clinton that basically said Tyson is working with President Obama in the restoration of the domestic economy this year as a priority.

“We believe a healthy economy is important for U.S. trade partners and of course Latin America is one of the most important,” he said.

If in the coming years the economy starts growing, emerging markets may also grow faster, he argued.

The economist praised the efforts of Costa Rica to have a commercial treaty with the PRC. “It’s important because I think China will be one of the engines that drive global markets, and all emerging economies will be provided with greater momentum for growth,” he said.

He said so in his lectures he stressed the importance of continuing to open markets and rejuvenate international trade that had a decline due to global recession.

As for Central America and Costa Rica, Tyson said he understands that it is an important region for Obama’s economic advisers and the president himself. Like having links to Costa Rica: “His desire (President Obama) is working with countries around the world to revive the global economy, capital markets, obviously all countries will benefit from this policy,” noted a expert.

In the middle of his lectures in the country Tyson raised mostly about how America is trying to balance two objectives, the U.S. economy out of recession and make it grow as good for “us and our trading partners, is one of them”.

Second cover the trade deficit, said Tyson.