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OECD Labor Committee gave approval to Costa Rica

September 14, 2017 by Staff News Writer

OCDE

The Committee on Employment, Labor and Social Affairs (ELSA), which evaluates labor, social and labor market policies in the process of Costa Rica’s accession to the Organization for Economic Co-operation and Development (OECD), issued a formal favorable opinion for the country’s entry into that Organization.

The Ministry of Labor and Social Security led the evaluation process, with the technical support of various institutions. The Ministry of Human Development and Social Inclusion, the National Institute of Learning (INA), the Costa Rican Social Security Fund (CCSS), the National Institute of Statistics and Censuses (INEC), and the General Directorate of Migration and Immigration were some of the entities that participated.

The country was visited by a technical mission led by Stefano Scarpetta, Director of Employment, Labor and Social Affairs of the OECD, which held meetings with various representatives, including governmental, trade union and business organizations.

The OECD evaluation highlighted the political stability and social progress accumulated by Costa Rica and the important achievements in the fields of education, health and social protection.

The agency noted the most important challenges facing the country to stay on the path of economic growth with social development, in particular the need to improve economic performance, lower production costs and improve infrastructure.

Scarpetta added that the country must optimize the functioning of the labor market and the interest of investing more in the development of human talent, as well as providing greater quality employment opportunities for young people and women.

The OECD’s mission is to promote policies aimed at improving the economic and social well-being of people around the world. It provides a forum where governments share experiences, develop public policy, and jointly seek solutions to common and global problems.

crhoy.com

Related articles:

  1. OECD: “In fiscal matters, Costa Rica is playing with fire”
  2. Costa Rica’s accession to the OECD would benefit the region
  3. OECD approves Costa Rica’s science and technology policies
  4. OECD considers fiscal deficit is Costa Rica’s main risk
  5. Indexes on the labor market in Costa Rica are developing in a negative enviroment
  6. Costa Rica hasn’t submitted OECD’s report

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