Index of the cycle of money: the case of Costa Rica
DOI:
https://doi.org/10.51798/sijis.v4i3.620Keywords:
the cycle of money, Costa Rica, index of the cycle of moneyAbstract
The paper aims at determining, in a real-case scenario such as Costa Rica's economic system, how the theoretical basis of the money cycle plays out. The Money Cycle Index takes into account how well a country's economic structure is set up and what kind of financial model it needs to respond to the monetary crisis. Costa Rica's index of the cycle of money calculations is compared to the average global index of the cycle of money. This indicates that Costa Rica is in line with the global average, thus being a good economy, which could be at risk of falling into recession. The methodology shall conform to the theory, mathematics, statistics, and econometrics results. The work is efficient, as it demonstrates the strength of Costa Rica's economy. The application of the theory of the cycle of money to a country's economy has resulted in these results. These are the previous case scenarios from Latvia, Bulgaria, Serbia, Thailand, and Greece. This theory states that to improve the distribution of resources between the economy and smaller companies covering other economic sectors, businesses with a high level of capital should take an interest in manufacturing and technology areas where taxes are lower. The global recession period from 2012 to 2017 shall be used as a basis for compilations., by the Q.E. technique
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