Development policy in Costa Rica paralleled that of the successful experiences of Taiwan
and South Korea in a number of ways, albeit on a smaller scale. Several of these policies, including mandatory education, led directly to human development. Until the mid-1980s, Costa Rica continued to have a highly state-directed economy.
Costa Rica experienced an economic crisis from 1980 to 1982, including a rise in oil
prices, sharp inflation, a serious debt crisis, recession and high unemployment, and, in response,
moved to a more market-directed economy, trends that have continued into the 21st century.