Comments on: Costa Rica leads Latin America in high-tech exports and is fourth in the world

By: Drunk

Drunk — Mon, 27 Jan 2014 18:54:00 +0000

As percentage of total exports (41%), according to El Financiero. Costa Rica is not the world’s fourth largest exporter of high value goods.
Only a fool or Inside Costa Rica would actually believe that Costa Rica is the world’s 4th largest exporter of high value goods.

By: Yeims

Yeims — Mon, 27 Jan 2014 16:44:00 +0000

I am having considerable trouble in assigning any credence to CR being the fourth in the WORLD in hi tech industrial equipment. Like Mark Twain once remarked, “There are liars and damned liars, and then there are statisticians.”

By: roberto

roberto — Mon, 27 Jan 2014 15:39:00 +0000

I would like to hear the regional president of Bayer, Rafael Villaroel’s opinion on how to reduce the country’s annual budget
deficit, since 30 percent of the annual budget is eaten up by interest on the
money borrowed to cover years of deficits. I would like to hear the ideas from all of the other companies that are
not subject to taxation, like free trade zones and certain tax free exports. Apparently the Costa Rican
Constitution contains a clause that prohibits deficit
spending. However the government has been able to circumvent this by
favorable court rulings and by creating multiple budgets. So while large corporations like Bayer are enjoying reduced taxes, increased sales and profits, ex-pats and the working stiffs in Costa Rica have only increased taxes to look forward to.