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Business Freedom Deteriorates in Costa Rica, Inefficient Judicial System Partly to Blame.

Article Summary:

A large bureaucratic state and an inefficient judicial system are part of the weaknesses noted by the Economic Freedom Index for Costa Rica. The annual measurement is performed by the Heritage Foundation and Wall Street Journal.

Original Article Text From El Financiero via Google Translate :

Freedom to do Business Deterioration in Costa Rica

A bureaucratic state apparatus and an inefficient judicial system are part of the weaknesses noted by the Economic Freedom Index for Costa Rica. The annual measurement is performed by the Heritage Foundation and Wall Street Journal.
It gives a score from 0 to 100 to each country, which is formed by an average of ten variables.

In 2011 Costa Rica accumulated 68 points, only 1% more than last year. In terms of global position, went from place 49 to 44 because last year it took into account fewer countries. However, the score is greater than the world average is at 59.5 points.

The country occupies the seventh position of the 29 countries of Latin America. Of the ten categories, Costa Rica improved slightly in four: the limits of government and some areas of regulation, except the state bureaucracy.

Link to Original Article:

From El Financeiro

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