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Topic: Economy of the Dominican Republic


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In the News (Mon 30 Nov 09)

  
  Dominican Republic - MSN Encarta
Juan Bosch, president of the republic in 1963, was also the most distinguished Dominican writer of the mid-20th century, well known as a novelist, short-story writer, and essayist.
The economy of the Dominican Republic was traditionally based on agriculture, especially sugar.
The Dominican economy also is highly dependent on the economy of its leading trade partner, the United States, for export purchases and tourist revenue.
encarta.msn.com /encyclopedia_761563569_3/Dominican_Republic.html   (1049 words)

  
 Dominican Republic Information , Hotel , Travel & News
The Dominican Republic occupies the eastern two-thirds of the island in the Caribbean Sea that is located between Cuba and Puerto Rico.
The principal growth sectors of the economy during 1996 were communications (with 16.3% annual growth), construction (with a 13.0% growth), hotels (with 11.2%), electricity and water (with 10.3%), agriculture and cattle (with 9.5%) and commerce (with 9.0%).
The Dominican Republic is in the process of a widespread economic reform to comply with the guidelines set forth in the Uruguay Round of Negotiations of the GATT.
www.dominicanrepublic.com /business/laws_legal.php   (4206 words)

  
 Dominican Republic History by Hispaniola.com
His term in the Dominican Republic Presidency was, in the end, marred by allegations of massive corruption and misappropriation of government funds.
The impact on the Dominican economy was devastating.
The people of the Dominican Republic are hoping the economic growth and success their country saw in the 1990's will make a comeback and that the peso will once again stabilize to a reasonable exchange.
www.hispaniola.com /dominican_republic/info/history.php   (4745 words)

  
 Dominican Republic Economy
The Dominican Republic had one of the fast growing economies in the world in the 1990s.
After a decade of little to no growth in the 1980s, the Dominican Republic’s economy boomed, expanding at an average rate of 7.7% per year from 1996 to 2000.
The Dominican Republic owed much of its success to the adoption of sound macroeconomic policies in the early 1990s and greater opening to foreign investment.
www.traveldocs.com /do/economy.htm   (479 words)

  
 Dominican Republic - GROWTH AND STRUCTURE OF THE ECONOMY
Although the economy experienced steady growth under Trujillo, roughly 6 percent a year in the 1950s, the unequal distribution of that growth impoverished rural Dominicans as thoroughly as were any of their counterparts elsewhere in the Western Hemisphere.
The country's economy was buoyed to some extent by infusions of cash from abroad in the forms of foreign aid (mainly from the United States) and loans.
During its peak growth period, from 1966 to 1976, the economy expanded at a rate of nearly 8 percent a year, one of the highest growth rates in the world at the time.
countrystudies.us /dominican-republic/37.htm   (1608 words)

  
 Dominican republic economy
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dominican-republic-economy.vanur.com   (2405 words)

  
 Dominican Republic (06/06)
Economic difficulties, the threat of European intervention, and ongoing internal disorders led to a U.S. occupation in 1916 and the establishment of a military government in the Dominican Republic.
The Dominican Republic maintains an embassy in the United States at 1715 22d Street NW, Washington, DC 20008 (tel.
The country’s standing as the largest Caribbean economy, second-largest country in terms of population and land mass, with large bilateral trade with the United States, and its proximity to the United States and other smaller Caribbean nations make the Dominican Republic an important partner in hemispheric affairs.
www.state.gov /r/pa/ei/bgn/35639.htm   (3441 words)

  
 Villa Rental, Dominican Republic; Villa Costa Norte, Caribbean Rental Villa   (Site not responding. Last check: 2007-11-05)
The Dominican economy has had one of the fastest growth rates in the hemisphere over the past decade.
The Dominican Republic is a Caribbean representative democracy which enjoyed GDP growth of more than 7% in 1998-2000.
Some Dominicans began to wonder if their interests would not best be served by the sort of independence movement that was sweeping the South American colonies.
www.villacostanorte.com /plan/Dominican_Republic.html   (2175 words)

  
 Dominican Republic Culture | dominicanrepublic-guide.info
Africans who were brought to the Dominican Republic as slaves also brought their own cultural influences.
In fact, the Dominican Republic is home to an art school as well as a museum of modern art.
Merengue is the most popular form of music in the Dominican Republic, but bachata is the music of the rural country folk of the island.
dominicanrepublic-guide.info /past.and.present/culture   (678 words)

  
 Dominican Republic | Santo Domingo | Republica Dominicana by Caribseek   (Site not responding. Last check: 2007-11-05)
Nested amid Cuba, Jamaica and Puerto Rico in the heart of the Caribbean archipelago, the island of Hispaniola is divided between Haiti and the Dominican Republic.
Dominican Republic has its own distinctive cuisine and cultural heritage, and the people are known as the friendliest in the Caribbean.
The Dominican Republic is politically stable since the middle of the sixties and is now expanding its economy rapidly.
www.caribseek.com /Dominican_Republic   (124 words)

  
 Dominican Republic Economy | dominicanrepublic-guide.info
By the 1970s, the economy began to diversify with the introduction of mining, manufacturing, and tourism.
In the late 1990s and early part of this century, the GDP of the Dominican Republic has increased greatly.
The Dominican Republic has had a long period of economic stability and has recently seen some growth.
dominicanrepublic-guide.info /past.and.present/economy/index.html   (547 words)

  
 Dominican Republic: History, Geography, Government, and Culture — FactMonster.com
The Dominican Republic in the West Indies occupies the eastern two-thirds of the island of Hispaniola, which it shares with Haiti.
The Dominican Republic was explored by Columbus on his first voyage in 1492.
A sergeant in the Dominican army trained by the marines, Rafaél Leonides Trujillo Molina, overthrew Horacio Vásquez in 1930 and established a dictatorship that lasted until his assassination in 1961, 31 years later.
www.factmonster.com /ipka/A0107475.html   (814 words)

  
 InternationalReports.net : Dominican Republic 2002
The Dominican Republic has one of the highest growth rates in the western hemisphere, low inflation rates, a stable peso and interest rates that continue to fall.
U.S. presence in the Dominican Republic has increased dramatically over the years, and the United States is now the country's principal trading partner.
In the opinion of Leo Perez Minaya, Vice President of the holding company Miniari, S.A. and Chairman of the Dominican Chapter of the country's Democratic National Committee, the economy of the Dominican Republic is too dependent on the U.S. economy.
www.internationalreports.net /theamericas/dr/2002/countryeyes.html   (861 words)

  
 Dominican Republic - Wikipedia, the free encyclopedia
The earliest inhabitants of the island of Hispaniola, on which the Dominican Republic is located, were the Taínos.
The Dominican Republic is a Hispanic country, therefore, as with all Hispanic countries in the Americas, its culture and people is derived predominantly from Spain, though heavily blended with African traditions and indigenous American cultural elements.
Baseball is by far the most popular sport in the Dominican Republic and there are many famous Dominicans who play Major League Baseball in the U.S., including Albert Pujols, Sammy Sosa, Pedro Martínez, David Ortiz, Jose Reyes,Rafael Furcal, Vladimir Guerrero, Miguel Tejada, and Manny Ramirez.
en.wikipedia.org /wiki/Dominican_Republic   (2708 words)

  
 USAID/Dominican Republic:Economy Growth (1997-2002)
The Mission is assisting the Dominican Republic to adopt policies for a more competitive economy through technical assistance, observational travel, analytical studies and training -- leading to new laws, regulations and other supporting policies.
USAID assistance in education is designed to increase public and private expenditures in education, strengthen the participation of families and communities in the entire educational process, and restore civil society's involvement in educational improvement.
In partnership with the United States Department of Agriculture and the Dominican government, USAID is providing grants to non-governmental organizations under the Global Food for Education Initiative to improve children's diets and increase community participation in the primary school.
www.usaid.gov /dr/economy_97.htm   (885 words)

  
 Dominican Republic: History, Geography, Government, and Culture — Infoplease.com
Legislative reform and the struggle to eradicate violence against women in the Dominican Republic.
Postnational pressures: Haitian migrants in the Dominican Republic.
U.S. The Catholic Church and political mediation in the Dominican Republic: a comparative perspective.
www.infoplease.com /ipa/A0107475.html   (911 words)

  
 Economy - Dominican Today   (Site not responding. Last check: 2007-11-05)
In a May 10 statement, the IMF said the economic program of the Dominican Republic's government, combined with financial help from the IMF, has led to strong economic growth, single-digit inflation, a lower public debt ratio, and a rise in international reserves.
The IMF issued its report on the Dominican Republic in connection with a $665 million "stand-by arrangement" the IMF initially approved in January 2005 to support the Caribbean nation's economic program.
According to the IMF, Dominican authorities will need to give "early consideration to additional revenue measures" that would address a financial shortfall stemming from a recent tax reform in the country and the expected implementation of the U.S. free-trade pact with Central America and the Dominican Republic, known as CAFTA-DR.
www.dominicantoday.com /app/article.aspx?id=13464   (653 words)

  
 Economy of the Dominican Republic
Economy - overview: The Dominican Republic is a middle-income developing country primarily dependent on agriculture, trade, and services, especially tourism.
Remittances from Dominicans living in the United States are estimated to be about $1.5 billion per year.
The deteriorating non-free trade zone merchandise trade balance is in part due to the failure of the exchange rate to reflect inflationary trends in the 1993-95 period.
www.fastload.org /ec/Economy_of_the_Dominican_Republic.html   (612 words)

  
 Dominican Republic - The Economy   (Site not responding. Last check: 2007-11-05)
Although poverty continued to be acute for many rural citizens in the 1980s, the economy had progressed significantly since the 1960s.
Beginning in the late 1960s, the Dominican economy began the arduous task of diversifying away from sugar.
More important, whereas the Dominican Republic had made great strides since the dictatorial rule of Rafael Leónidas Trujillo Molina (1930-61), the nation's political economy continued to be strongly influenced by patronage, graft, and a lingering lack of political will to confront the traditional institutions that continued to restrain economic performance.
countrystudies.us /dominican-republic/36.htm   (323 words)

  
 NewsArticle2
Recent years have seen dramatic improvements in both the general economy and balance of payments in the Dominican Republic.
The Dominican Republic has consistenly maintained a very favorable balance of payments, ranking it a positive second place among all Latin American countries in 1994.
It is estimated that the Dominican Republic has some of the highest hotel occupancy statistics in comparison to it's other Cairbbean neighbors.
www.dominicanrepublicpage.com /NewsArticle2.html   (427 words)

  
 Dominican Republic News & Travel Information Service
Foreign Relations Minister Carlos Morales Troncoso said that the Dominican Republic is willing to join in the international effort to help Haiti emerge from its continuous crisis, while stressing that the Dominican Republic is not prepared to compromise its sovereignty with regards to migratory issues.
In 2004 Dominicans received 750 kilowatts of energy per month, in 2005 they received 800 kilowatts per month and in 2006 they are receiving 850 kilowatts of energy per month.
The Dominican Republic is one of the countries in the region that is most affected by the disease, with an estimated 1.1% of the population infected.
www.dr1.com   (2323 words)

  
 Dominican Republic Visa Application - Tourist Visas, Business Visas, Expedited Visas - Dominican Republic Page
A legacy of unsettled, mostly nonrepresentative, rule for much of the 20th century was brought to an end in 1996 when free and open elections ushered in a new government.
Remittances from Dominicans living in the United States are estimated to total more than $1.5 billion per year.
Its standing as the largest Caribbean economy, the second-largest in terms of population and land mass, and its proximity to the United States and other smaller Caribbean nations make the Dominican Republic an important partner in hemispheric affairs.
www.travisa.com /DominicanRepublic   (358 words)

  
 Economy of the Dominican Republic - Wikipedia, the free encyclopedia   (Site not responding. Last check: 2007-11-05)
According to a 1999 International Monetary Fund report, remittances from Dominican Americans, are estimated to be about $1.5 billion per year.
The deteriorating non-free trade zone merchandise trade balance is in part due to the failure of the exchange rate to reflect inflationary trends in the 1993-1995 period.
Although the economy continues to grow at a respectable rate, inflation and unemployment remain the two biggest challenges.
en.wikipedia.org /wiki/Economy_of_the_Dominican_Republic   (653 words)

  
 Dominican Republic Economy 2006 - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, ...
The Dominican Republic is a Caribbean representative democracy that enjoyed strong GDP growth until 2003.
Although the economy continues to grow at a respectable rate, unemployment remains an important challenge.
The Dominican Republic's development prospects improved with the ratification of the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) in September 2005.
www.theodora.com /wfbcurrent/dominican_republic/dominican_republic_economy.html   (303 words)

  
 1394 Productions, Inc. :: Dominican Republic Poised to Become the New 'Hollywood' of Latin America
Dominican Republic Poised to Become the New 'Hollywood' of Latin America
SANTO DOMINGO, Dominican Republic, April 4 /PRNewswire/ -- 1394 Productions, Inc., a prestigious South Florida-based film/television production and marketing company, has begun production on a marketing video and multimedia DVD in the Dominican Republic this week as part of the country's efforts to attract filmmakers and television producers from around the world to their shores.
Cummings says, "The Dominican Republic is a filmmaker's dream come true, and until now one of the best kept secrets in the Caribbean and Latin America.
sev.prnewswire.com /entertainment/20060404/FLTU00904042006-1.html   (471 words)

  
 The Spinnaker
The ambassador of the Dominican Republic to the United States spoke to University of North Florida students and faculty about the growth and development of the economy in the Dominican Republic.
Selin said he thinks the United States should help the Haitian economy because it also will help the economy in the Dominican Republic, which exports traditional goods and services.
Haiti and the Dominican Republic are located on the same island, and Selin said he thinks the problems in Haiti have an effect on the Dominican Republic.
www.unf.edu /groups/spinnaker/archives/2002/mar27/dominican.html   (306 words)

  
 Dominican Republic - Gurupedia
The Dominican Republic is a Spanish-speaking representative democracy located on the eastern portion of the Caribbean island of Hispaniola, bordering Haiti.
The Dominican Republic should not be confused with Dominica, another Caribbean country.
The country's economy is highly dependent on tourism.
www.gurupedia.com /d/do/dominican_republic.htm   (339 words)

  
 Real Estate, Economy & Business in the Dominican Republic
Dominican Republic information about real estate - retirement - residency - relocation - banking - investments - There are many places you can go to in the Caribbean, but there is only one spot that has been called "The Best Kept Secret".
Dominican Republic: your offshore headquarter - Dominican Republic: your offshore headquarter - Investing in real estate can be one of the most profitable and enjoyable forms of medium to long term investment there is, but if you prefer a bank deposit we arrange for you a 19% interest p/y.
Escape Artist is developing an investment profile of the Dominican Republic - It will include resources gathered by visits to the Dominican Republic by our staff and from investors and expatriates living in the Dominican Republic - To receive updates it is recommended that you subscribe to our eZine.
www.escapeartist.com /dr4/dr4.htm   (1627 words)

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