Dominican Republic : Recent Economic Developments.

This paper reviews economic developments in the Dominican Republic during 1990-95. In 1990, the authorities began implementing a program of stabilization and structural reform that, in a relatively short time, brought inflation under control, permitted a resumption of growth, and made progress towar...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/058
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments in the Dominican Republic during 1990-95. In 1990, the authorities began implementing a program of stabilization and structural reform that, in a relatively short time, brought inflation under control, permitted a resumption of growth, and made progress toward a more outward-oriented economy with greater participation of the private sector. Real GDP grew at an average rate of 4 percent during 1991-93. The annual average inflation rate was brought down from more than 50 percent in 1990 to about 5 percent in 1993.
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Physical Description:1 online resource (117 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students