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By: Rachel Kabboord

Costa Rica. By: Rachel Kabboord. Capital, Famous Cities, and Language. The Capitol of Costa Rica is San Jose Some of the popular cities in Costa Rica are Alajuela, Cartago, Carridabat, Golfito, Liberia, Nicoya, and Santa Ana. The primary language spoken in Costa Rica is Spanish.

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By: Rachel Kabboord

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  1. Costa Rica By: Rachel Kabboord

  2. Capital, Famous Cities, and Language • The Capitol of Costa Rica is San Jose • Some of the popular cities in Costa Rica are Alajuela, Cartago, Carridabat, Golfito, Liberia, Nicoya, and Santa Ana. • The primary language spoken in Costa Rica is Spanish. • Some native languages are still spoken in indigenous reservations.

  3. Economy and Currency • In 2009 the GDP of Costa Rica was $48.881 billion. • The currency used here is the Costa Rican colón. • According to the World Bank, Costa Rica's GDP per capita is $11,122 (as of 2009); however, this developing country still faces the fourth highest inflation rate in Latin America, lack of maintenance and new investment in infrastructure, a poverty rate estimated to be 5% to 8%, and a 7.8% unemployment rate, and a trade deficit of 5.2%. • For the fiscal year 2007, the country showed a government surplus. Economic growth in 2008 diminished to a 3% increase in the face of a global recession (down from 7% and 9% growth in the prior 2 years).

  4. Exports The economy of Costa Rica heavily depends on tourism, agriculture, and electronics exports Exports $8.847 billion Export goods bananas, pineapples, coffee, melons, ornamental plants, sugar; seafood; electronic components, medical equipment Main export partners US 23.9%, Netherlands 13.3%, China 13%, UK 5%, Mexico 4.9%

  5. Imports Imports US$ 10.87 billion Import goods raw materials, consumer goods, capital equipment, petroleum, construction materials Main import partners US 42.7%, Mexico 6.9%, Venezuela 6.3%, Japan 5.4%, China 4.6%, Brazil 4.5% Electricity imports: 203.22 million

  6. Population and Employment • Population  -  July 2010 estimate 4,253,897 • 7.8% unemployment rate • Annual population growth rate: 1.347%. • Costa Rica enjoys the region’s highest standard of living, with a per capita income of about U.S. $10,569, and an unemployment rate of 6.7%

  7. Corporations • A major corporation in Costa Rica is the United Fruit Corporation. • Several global high tech corporations have already started developing in the area exporting goods including chip manufacturer Intel, • Another corporation is pharmaceutical company GlaxoSmithKline, and consumer products company Procter & Gamble. • They are global corporations, so they are all involved in international business.

  8. Political Conditions and President • The president of Costa Rica is Óscar Arias Sánchez. • Costa Rica has no armed forces, therefore it has avoided military involvement in political affairs, unlike other countries in the region. • Costa Rica has long emphasized the development of democracy and respect for human rights. • Costa Rica has long emphasized the development of democracy and respect for human rights.

  9. Culture and Business today • Business dress: Men should wear a conservative dark suit. In warmer climates, a jacket is optional. Women can wear a dress or skirt and blouse for formal business meetings, but it is far more common for women to wear pants to work. Costa Ricans are much more formal and serious than other Latin Americans. Therefore, keep jackets on during business meetings • Handshaking the common greeting • Address a person directly by using his or her title only. A Ph.D or a physician is called Doctor. Teachers prefer the title Profesor. • Costa Ricans call themselves Ticos • Politics are freely discussed because of the stability there • Costa Ricans are by far the most punctual people in Central America. North Americans are expected to be on time for appointments • Gifts frequently exchanged on all kinds of special occasions

  10. Current Events • In a candid interview over the weekend, Chinchilla spoke of her conversation with Daniel Ortega, her disappointment with stalled negotiations and Nicaragua's assertion that Costa Rica invests more money into its military than Nicaragua. • A Costa Rican bill that would raise taxes for business owners passed a legislative committee Tuesday. Lawmakers want to use revenue from the tax to fund better public security measures. • Costa Rica Coffee Export will ship to 1919 Coffee stores in Taiwan, China. • The United States is Costa Rica's most important trading partner. • I chose this country because I did not know a lot about it. I knew that the country spoke Spanish, and I am currently in my 3rd year of Spanish. I would maybe like to visit Costa Rica one day, and I am happy I know a little bit more about it after doing this project.

  11. Sources! • http://en.wikipedia.org/wiki/Costa_rica • http://www.costarica.com/ • http://www.visitcostarica.com/ict/paginas/home.asp?ididioma=2 • http://travel.state.gov/travel/cis_pa_tw/cis/cis_1093.html • http://www.tourism.co.cr/ The End

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