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...

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Main Authors: Senderowitsch, Roby, Tsikata, Yvonne M.
Format: Policy Note
Language:English
en_US
Published: Washington, DC: World Bank 2013
Subjects:
GDP
HIV
MOV
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
id okr-10986-12310
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic 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
spellingShingle 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
Senderowitsch, Roby
Tsikata, Yvonne M.
From the International Financial Crisis towards Inclusive Growth in the Dominican Republic
geographic_facet Latin America & Caribbean
Dominican Republic
description 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.
author2 Senderowitsch, Roby
author_facet Senderowitsch, Roby
Senderowitsch, Roby
Tsikata, Yvonne M.
format Economic & Sector Work :: Policy Note
author Senderowitsch, Roby
Tsikata, Yvonne M.
author_sort Senderowitsch, Roby
title From the International Financial Crisis towards Inclusive Growth in the Dominican Republic
title_short From the International Financial Crisis towards Inclusive Growth in the Dominican Republic
title_full From the International Financial Crisis towards Inclusive Growth in the Dominican Republic
title_fullStr From the International Financial Crisis towards Inclusive Growth in the Dominican Republic
title_full_unstemmed From the International Financial Crisis towards Inclusive Growth in the Dominican Republic
title_sort from the international financial crisis towards inclusive growth in the dominican republic
publisher Washington, DC: World Bank
publishDate 2013
url http://documents.worldbank.org/curated/en/2010/01/17193928/international-financial-crisis-towards-inclusive-growth-dominican-republic
http://hdl.handle.net/10986/12310
_version_ 1764419463728332800
spelling okr-10986-123102021-04-23T14:03:00Z From the International Financial Crisis towards Inclusive Growth in the Dominican Republic Senderowitsch, Roby Tsikata, Yvonne M. Senderowitsch, Roby Tsikata, Yvonne M. 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 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. 2013-02-11T22:25:04Z 2013-02-11T22:25:04Z 2010-01-01 http://documents.worldbank.org/curated/en/2010/01/17193928/international-financial-crisis-towards-inclusive-growth-dominican-republic http://hdl.handle.net/10986/12310 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Economic & Sector Work :: Policy Note Economic & Sector Work Latin America & Caribbean Dominican Republic