From the International Financial Crisis towards Inclusive Growth in the Dominican Republic

During the second half of the year 2008, the world experienced the worst worldwide economic crisis in over 70 years. The effects deriving from this crisis can still be felt over most of the planet. Low or negative economic growth in developed natio...

Full description

Bibliographic Details
Main Authors:	Senderowitsch, Roby, Tsikata, Yvonne M.
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC: World Bank 2013
Subjects:	ACCESS TO EDUCATION ACCESS TO SERVICES ACCOUNTABILITY AGGREGATE DEMAND AGRICULTURAL SECTOR AGRICULTURE ALLOCATION ALLOCATION OF RESOURCES ANNUAL RATE BUDGET CYCLE BUDGETARY PRESSURE BUDGETARY SYSTEMS CAPITAL INVESTMENTS CENTRAL BANK CENTRAL GOVERNMENT CITIZENS CLIMATE CHANGE COMPARATIVE ADVANTAGES COMPETITIVENESS CONSUMERS DECENTRALIZATION DEMOCRATIC GOVERNANCE DEMOCRATIC TRANSITION DEMOGRAPHIC FACTORS DEMOGRAPHIC GROWTH DEVELOPMENT AGENCIES DEVELOPMENT POLICIES DEVELOPMENT STRATEGY DIVERSIFICATION ECONOMIC ACTIVITY ECONOMIC EXPANSION ECONOMIC GROWTH ECONOMIC GROWTH RATE ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICY ECONOMIC STRUCTURE EDUCATIONAL ATTAINMENT ELASTICITY EMPLOYMENT CREATION ENVIRONMENTAL SUSTAINABILITY EQUAL OPPORTUNITIES EXPORTS EXTREME POVERTY FIGHT AGAINST POVERTY FINANCIAL CRISIS FINANCIAL INTERMEDIATION FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STATISTICS FINANCIAL SYSTEM FISCAL DISCIPLINE FISCAL PRESSURE FREE TRADE GDP GDP PER CAPITA GENDER EQUALITY GENDER ISSUES GINI COEFFICIENT GOVERNMENT AGENCIES GOVERNMENT EXPENDITURES GOVERNMENT OUTLAYS GOVERNMENT PROGRAMS GREENHOUSE GAS GROWTH IMPACT GROWTH PERFORMANCE GROWTH POTENTIAL GROWTH RATE GROWTH WITHOUT DEVELOPMENT HEALTH CARE HEALTH EXPENDITURE HEALTH EXPENDITURES HEALTH OUTCOME HEALTH REFORM HEALTH SECTOR HEALTH SECTOR REFORM HEALTH SYSTEM HIV HUMAN CAPITAL HUMAN DEVELOPMENT IMPORTANT POLICY INCOME INCOME DISTRIBUTION INCOME INEQUALITY INCOME LEVELS INCOME QUINTILE INCOME TAXES INEQUALITY MEASURES INFANT INFANT MORTALITY INFANT MORTALITY RATES INFECTIOUS DISEASES INSTITUTIONAL MECHANISMS INTERNATIONAL TRADE JOB CREATION LABOR MARKET LABOR SUPPLY LIFE EXPECTANCY LIMITED RESOURCES LONG RUN MALARIA MATERNAL MORTALITY MATERNAL MORTALITY RATE MATERNAL MORTALITY RATES MIGRATION MILLENNIUM DEVELOPMENT GOALS MODERNIZATION MORTALITY MOV MUNICIPALITIES NATIONAL COUNCIL NATIONAL DEVELOPMENT NATIONAL HEALTH EXPENDITURES NATIONAL LEVEL NATURAL GAS NATURAL RESOURCES OPERATIONAL COSTS OUTCOME INDICATORS OUTPUT PER CAPITA OVERPOPULATION PARTICIPATORY DEMOCRACY PERFORMANCE INDICATORS PERFORMANCE INFORMATION POLICY ALTERNATIVES POLICY OPTIONS POLITICAL INSTABILITY POLLUTION POOR POOR HOUSEHOLD POOR HOUSEHOLDS POPULATION ACTIVITIES POSITIVE EFFECTS POVERTY ASSESSMENT POVERTY INCIDENCE POVERTY LEVELS POVERTY LINE POVERTY REDUCTION PRIVATE ENTERPRISES PRIVATE SECTOR PRIVATE SPENDING PRODUCTIVE ASSETS PRODUCTIVITY PROGRAM MANAGER PROGRAMS PROGRESS PROVISION OF HEALTH SERVICES PROVISION OF SERVICES PUBLIC AGENCIES PUBLIC DEBATE PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC INSTITUTIONS PUBLIC INTERVENTIONS PUBLIC INVESTMENT PUBLIC MANAGEMENT PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTORS PUBLIC SERVICES QUALITY OF PUBLIC SPENDING RECREATIONAL ACTIVITIES REMITTANCES RESPECT REVENUE SOURCES RURAL RURAL AREAS RURAL DEVELOPMENT SAVINGS SAVINGS DEPOSITS SCHOOL ATTENDANCE SCHOOL YEARS SOCIAL ASSISTANCE SOCIAL COHESION SOCIAL DEVELOPMENT SOCIAL EQUITY SOCIAL EXPENDITURE SOCIAL EXPENDITURES SOCIAL INDICATORS SOCIAL JUSTICE SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY CONTRIBUTIONS STRUCTURAL REFORMS SUSTAINABLE DEVELOPMENT TARGETING TAX COLLECTION TAX COLLECTIONS TAX STRUCTURE TECHNICAL ASSISTANCE TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TOTAL OUTPUT TOTAL PUBLIC EXPENDITURE TRANSACTION COSTS TRANSPARENCY TRANSPORTATION TREATIES TUBERCULOSIS TYPES OF PERFORMANCE INDICATORS UNEMPLOYMENT UNFPA URBAN AREAS URBAN POPULATION URBAN POVERTY URBANIZATION VULNERABILITY WATER RESOURCES WEALTH WELFARE INDICATORS WORLD ECONOMIC INDICATORS
Online Access:	http://documents.worldbank.org/curated/en/2010/01/17193928/international-financial-crisis-towards-inclusive-growth-dominican-republic http://hdl.handle.net/10986/12310

Description
Summary:	During the second half of the year 2008, the world experienced the worst worldwide economic crisis in over 70 years. The effects deriving from this crisis can still be felt over most of the planet. Low or negative economic growth in developed nations and emerging economies, high levels of unemployment and millions of persons below the poverty line, are some of the starkest examples. In the Dominican Republic, the effects of this international crisis are manifested in the reduction in international trade, the drop in tourism and in remittances, and an economic growth rate lower than expected. In this regard, the Dominican Republic asked the World Bank to prepare nine policy notes which are presented in this volume. These notes focus on the following topics: 1) long run economic growth in the Dominican Republic; 2) ease of doing business; 3) logistics for competitiveness; 4) access to financial services with emphasis on financing for micro, small and medium enterprises (MSMEs); 5) the electricity sector; 6) climate change and the Dominican Republic, 7) the health sector, 8) territorial development, and 9) accountability and performance system. The policy notes presented here argue that an inclusive development is possible in the Dominican Republic. However, great challenges must be faced to meet this goal. From the analysis presented in this volume four challenges emerge which must be faced head-on in order to achieve sustainable and inclusive development.

From the International Financial Crisis towards Inclusive Growth in the Dominican Republic

Similar Items