On Sunday, Costa Ricans will go to the polls in what many consider the most important presidential election in a generation.
At stake is the future of an economic model that over the last 25 years has produced robust economic growth but has failed to significantly reduce the poverty rate. Unfortunately, a bad reading of the economic policies implemented by a succession of conservative and social-democratic administrations over the last three decades could lead voters to follow the siren song of populism.
The groundwork for a populist shift has already been laid. Rampant corruption, social stagnation and growing inequality have provided fertile soil in other Latin American nations for the rise of populist candidates — and Costa Rica is no exception.… Seguir leyendo »