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Economic Development of Central America Econ. 4200 - Spring 2004 – Dr. Taylor - page 145 / 153

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Currently, foreign investors remain attracted by the country's political stability and high education levels… and tourism continues to bring in foreign exchange.

At the same time, the government continues to grapple with its large deficit, its growing debt, the need to modernize the state-owned electricity and telecommunications sector, and with the social pressures stemming from massive Nicaraguan and Columbian emigration.

Dr. Abel Pacheco, president of the Republic of Costa Rica, recently received the Kolbe Prize for Peace in recognition of his leadership at the United Nations in the ongoing debate over human cloning.

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