Costa Rica and the Brexit

Reflexions about social and economic posible effects

Authors

DOI:

https://doi.org/10.15359/peds.5-1.1

Keywords:

International Trade, Economic Integration, Exchange ratio, International Relations, Sovereignty

Abstract

The aims of this article is to generate a reflection about the effects on Costa Rica’s trade relations by the exit of the United Kingdom from the European Union. Complex interdependence theory and peripheral realism theory was adopted as theorical perspectives to understand this phenomenon. Besides, we offer a glance to the social derivations of this decision, which consequences can be studied from multiple angles. Methodologically, the literature review technique of primary and secondary sources is used. The findings it shows that trade between Costa Rica and the United Kingdom maintains a higher number of exports accountable to Costa Rica, and that this country should invest more effort to improve the exportable offer with products with greater added value. In conclusion, in the economic field, Brexit does not threaten the stability of the Costa Rican economy and beyond then, offers opportunities to strengthen relations between the two countries through the available commercial instruments and cooperation. In social sphere, it is a phenomenon that projects important lessons for the development of joint policies to improve integration processes.

Author Biography

Kira Rojas Noskova, Ministerio de Hacienda

Master in Management of International Trade, CINPE-UNA. He is currently working at the Ministry of Finance as well as a university professor at CINPE-UNA

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Published

2019-12-27

How to Cite

Costa Rica and the Brexit: Reflexions about social and economic posible effects. (2019). Revista De Política Económica Y Desarrollo Sostenible, 5(1), 1-11. https://doi.org/10.15359/peds.5-1.1

How to Cite

Costa Rica and the Brexit: Reflexions about social and economic posible effects. (2019). Revista De Política Económica Y Desarrollo Sostenible, 5(1), 1-11. https://doi.org/10.15359/peds.5-1.1

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