LA CRISIS FINANCIERA ESTADOUNIDENSE: PRINCIPALES EFECTOS MACROECONóMICOS EN LA ECONOMíA COSTARRICENSE EN 2008 Y 2009

Costa Rica’s economy is a very small, open economy;therefore, what happens in the rest of theworld affects us to some degree. When the crisisin the United States exploded, its impact slowly becameevident around the world. At first, the main effect on ourcountry was reflected in inflation; however, overtime theeffects moved to the real economic sector, namely, productionand employment. This article examines the mainmacroeconomic effects the global economic crisis hashad on our economy. They include inflation, the declinein the economic activity in mainly the sectors regardingconstruction, industry, commerce and hotels, the fall intourism, remittances, Foreign Direct Investment, exportsand imports, and finally, the reduction in employment.