Solutions in Costa Rica :)

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Mind Map on Solutions in Costa Rica :), created by Sarah Mather on 06/19/2013.
Sarah Mather
Mind Map by Sarah Mather, updated more than 1 year ago
Sarah Mather
Created by Sarah Mather almost 12 years ago
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Resource summary

Solutions in Costa Rica :)
  1. Brief
    1. There are 3 main solutions: privatised public institutions, investement in tourisma and invest in non-traditional institutions.
    2. Investment in Tourism
      1. Costa Rica had been successful in diversifying its economy in recent years especially in the tourist industry. Tourism is predominantly concentrated in the Pacific Coast, most visitors came from the USA (38.6%), In 2005, tourism contributed 8.1% of the country's GNP and represented 13.3% of direct and indirect employment.
        1. Tourism now earns more foreign exchange than bananas.
        2. Investement in Non-Tradition Exports
          1. In the 1990's, Intel were encouraged to invest and build a factory and by 1998, production had started and in 2001, the export was 3 times that of banana's and coffee together.
            1. The influence of FDI from intel affects more than the economic development in Costa Rica
            2. Economic Impact
              1. Increase GDP
                1. Infrastructure e.g. ICT/Services.
                  1. Airport improvements
                  2. Social Impact
                    1. Improved education and greater access to educational tools
                      1. Universities made important changes to their curricula and introduced new courses based on Intel's recommendations
                      2. Political Impact
                        1. Intel served as an important impetus for changes in the way govern worked with investors.
                          1. It was the first time in Costa Rica that a president assumed a proactive role in FDI promotion and personal involvement with investors.
                          2. Environmental Impact
                            1. Intel has created the group "Industrial Friends to the Environment" it supports projects such as "save our planet", it allows school students to celebrate "Earth Day" which reflects the importance of small (micro) envrionmental projects, the production of microships also produces toxic waste so Intel has to ensure this is taken out of the country and disposed in a sustainable way.
                            2. Intel
                              1. RESPONSIBLE TNC
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