Robust Growth

CENTRAL AMERICA - Report 30 Jan 2014 by Francisco de Paula Gutierrez
Executive SummaryEl Salvador and Costa Rica have crucial presidential elections this Sunday. Both races seem headed for a runoff, since none of the candidates seem poised to gather enough votes to win in the first round. In both countries, a leftist party is a major contender -- a new situation for Costa Rica. Both countries share some of the same challenges, including the need for higher growth, the importance of a fiscal adjustment and a dependence on external savings to finance growth.In El Salvador, polls have been showing a virtual tie between the two leading contenders, Vice President...

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