Dominican Republic : Social and Structural Policy Review, Volume 1
The report outlines the macroeconomic stability in the Dominican Republic during the 1990s, suggesting its strong economic growth, and poverty reduction, will contribute to the gradual transformation the country is undergoing towards policy reform....
Main Author: | |
---|---|
Language: | English en_US |
Published: |
Washington, DC
2013
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2000/03/437529/dominican-republic-social-structural-policy-review-vol-1-2-main-report http://hdl.handle.net/10986/15152 |
id |
okr-10986-15152 |
---|---|
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 |
ACCOUNTABILITY AGGREGATE INDICATORS AGRICULTURE ANALYTICAL WORK ANNUAL GROWTH ANNUAL GROWTH RATE AVERAGE PRODUCTIVITY BANKING SECTOR BANKING SYSTEM BUSINESS COMMUNITY BUSINESS ENVIRONMENT CAPITAL ACCUMULATION CENTRAL BANK CENTRALIZATION CIVIL SOCIETY COMPREHENSIVE DEVELOPMENT COMPREHENSIVE DEVELOPMENT FRAMEWORK CONSUMERS CORPORATE GOVERNANCE CURRENCY UNIT DEBT DEMAND FOR MONEY DEMOCRACY DEMOCRATIC INSTITUTIONS DEPENDENT VARIABLE DEVELOPING COUNTRIES DUAL ECONOMY ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC REFORMS ECONOMIC STRUCTURE EDUCATIONAL ATTAINMENT EMPLOYMENT EXCHANGE RATE EXPENDITURE SURVEY EXPORTS EXTERNAL SHOCKS EXTREME POVERTY FINANCIAL MANAGEMENT FINANCIAL SECTOR FINANCIAL SECTOR LIBERALIZATION FINANCIAL SERVICES FREE TRADE GDP GNP GROSS DOMESTIC PRODUCT GROWTH RATES HIGH GROWTH HOUSEHOLD CHARACTERISTICS HOUSEHOLD HEAD HOUSEHOLD INCOME HOUSEHOLD SURVEY HUMAN CAPITAL HUMAN DEVELOPMENT IMPORT QUOTAS INCOME INCOME COUNTRIES INCOME DISTRIBUTION INCOME GROUPS INCOME QUINTILES INDUSTRIAL SECTOR INFLATION INSTITUTIONAL CAPACITY INSURANCE INTEREST RATES INTERNATIONAL MIGRATION LABOR FORCE LABOR MARKET LABOR MARKETS LEGISLATION LONG RUN LONG-TERM PROCESS MACROECONOMIC CRISIS MACROECONOMIC INSTABILITY MACROECONOMIC MANAGEMENT MACROECONOMIC PERFORMANCE MACROECONOMIC POLICY MACROECONOMIC STABILITY MONETARY POLICIES MONETARY POLICY NATIONAL ACCOUNTS NATIONAL ELECTIONS NEGATIVE IMPACT PER CAPITA INCOME PER-CAPITA INCOME POLICY ENVIRONMENT POLICY FRAMEWORK POLICY INITIATIVES POLICY MAKING POLICY REFORMS POLICY REVIEW POLITICAL INFLUENCE POLITICAL PARTIES POOR GROWTH POOR PERFORMANCE POVERTY ALLEVIATION POVERTY GAP POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRODUCTIVITY GROWTH PROPERTY RIGHTS PROTECTIONISM PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC POLICIES PUBLIC POLICY PUBLIC PROCUREMENT PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SERVICES REAL INTEREST RATES REAL WAGES RECURRENT EXPENDITURES REGIONAL DISTRIBUTION REGRESSION ANALYSIS REGULATORY FRAMEWORK RURAL AREAS RURAL HOUSEHOLDS RURAL POOR SAFETY NET SAFETY NETS SAMPLE HOUSEHOLDS SAVINGS SECONDARY SCHOOLS SKEWED DISTRIBUTION SKILLED LABOR SOCIAL CONDITIONS SOCIAL PROTECTION SOCIAL SERVICES STATE INTERVENTIONS STRUCTURAL REFORM STRUCTURAL REFORMS TARIFF BARRIERS TAX REFORMS TAXATION TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE LIBERALIZATION TRADE POLICY TRADE REFORMS TRADE REGIME TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATES URBAN AREAS URBAN HOUSEHOLDS URBAN POOR VALUE ADDED WAGES WORLD TRADE ORGANIZATION WTO SOCIAL PLANNING SOCIAL POLICY REFORM STRUCTURAL REFORMS ECONOMIC GROWTH POVERTY REDUCTION POLICY REFORM AGRICULTURAL POLICIES PUBLIC INVESTMENTS EDUCATIONAL INVESTMENT TRADE LIBERALIZATION EXPORT TAXES INDUSTRIAL CAPACITY ADJUSTMENT COSTS WAGE INCENTIVES CONSUMER CONFIDENCE POVERTY ALLEVIATION MECHANISMS SAFETY NET POLICIES MALNUTRITION HEALTH PROGRAMS SANITATION SERVICES MACROECONOMICS FISCAL CONSTRAINTS MONETARY POLICY BUSINESS CONDITIONS BANKING SECTOR REFORMS MARKET REFORMS REGULATORY FRAMEWORK |
spellingShingle |
ACCOUNTABILITY AGGREGATE INDICATORS AGRICULTURE ANALYTICAL WORK ANNUAL GROWTH ANNUAL GROWTH RATE AVERAGE PRODUCTIVITY BANKING SECTOR BANKING SYSTEM BUSINESS COMMUNITY BUSINESS ENVIRONMENT CAPITAL ACCUMULATION CENTRAL BANK CENTRALIZATION CIVIL SOCIETY COMPREHENSIVE DEVELOPMENT COMPREHENSIVE DEVELOPMENT FRAMEWORK CONSUMERS CORPORATE GOVERNANCE CURRENCY UNIT DEBT DEMAND FOR MONEY DEMOCRACY DEMOCRATIC INSTITUTIONS DEPENDENT VARIABLE DEVELOPING COUNTRIES DUAL ECONOMY ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC REFORMS ECONOMIC STRUCTURE EDUCATIONAL ATTAINMENT EMPLOYMENT EXCHANGE RATE EXPENDITURE SURVEY EXPORTS EXTERNAL SHOCKS EXTREME POVERTY FINANCIAL MANAGEMENT FINANCIAL SECTOR FINANCIAL SECTOR LIBERALIZATION FINANCIAL SERVICES FREE TRADE GDP GNP GROSS DOMESTIC PRODUCT GROWTH RATES HIGH GROWTH HOUSEHOLD CHARACTERISTICS HOUSEHOLD HEAD HOUSEHOLD INCOME HOUSEHOLD SURVEY HUMAN CAPITAL HUMAN DEVELOPMENT IMPORT QUOTAS INCOME INCOME COUNTRIES INCOME DISTRIBUTION INCOME GROUPS INCOME QUINTILES INDUSTRIAL SECTOR INFLATION INSTITUTIONAL CAPACITY INSURANCE INTEREST RATES INTERNATIONAL MIGRATION LABOR FORCE LABOR MARKET LABOR MARKETS LEGISLATION LONG RUN LONG-TERM PROCESS MACROECONOMIC CRISIS MACROECONOMIC INSTABILITY MACROECONOMIC MANAGEMENT MACROECONOMIC PERFORMANCE MACROECONOMIC POLICY MACROECONOMIC STABILITY MONETARY POLICIES MONETARY POLICY NATIONAL ACCOUNTS NATIONAL ELECTIONS NEGATIVE IMPACT PER CAPITA INCOME PER-CAPITA INCOME POLICY ENVIRONMENT POLICY FRAMEWORK POLICY INITIATIVES POLICY MAKING POLICY REFORMS POLICY REVIEW POLITICAL INFLUENCE POLITICAL PARTIES POOR GROWTH POOR PERFORMANCE POVERTY ALLEVIATION POVERTY GAP POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRODUCTIVITY GROWTH PROPERTY RIGHTS PROTECTIONISM PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC POLICIES PUBLIC POLICY PUBLIC PROCUREMENT PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SERVICES REAL INTEREST RATES REAL WAGES RECURRENT EXPENDITURES REGIONAL DISTRIBUTION REGRESSION ANALYSIS REGULATORY FRAMEWORK RURAL AREAS RURAL HOUSEHOLDS RURAL POOR SAFETY NET SAFETY NETS SAMPLE HOUSEHOLDS SAVINGS SECONDARY SCHOOLS SKEWED DISTRIBUTION SKILLED LABOR SOCIAL CONDITIONS SOCIAL PROTECTION SOCIAL SERVICES STATE INTERVENTIONS STRUCTURAL REFORM STRUCTURAL REFORMS TARIFF BARRIERS TAX REFORMS TAXATION TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE LIBERALIZATION TRADE POLICY TRADE REFORMS TRADE REGIME TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATES URBAN AREAS URBAN HOUSEHOLDS URBAN POOR VALUE ADDED WAGES WORLD TRADE ORGANIZATION WTO SOCIAL PLANNING SOCIAL POLICY REFORM STRUCTURAL REFORMS ECONOMIC GROWTH POVERTY REDUCTION POLICY REFORM AGRICULTURAL POLICIES PUBLIC INVESTMENTS EDUCATIONAL INVESTMENT TRADE LIBERALIZATION EXPORT TAXES INDUSTRIAL CAPACITY ADJUSTMENT COSTS WAGE INCENTIVES CONSUMER CONFIDENCE POVERTY ALLEVIATION MECHANISMS SAFETY NET POLICIES MALNUTRITION HEALTH PROGRAMS SANITATION SERVICES MACROECONOMICS FISCAL CONSTRAINTS MONETARY POLICY BUSINESS CONDITIONS BANKING SECTOR REFORMS MARKET REFORMS REGULATORY FRAMEWORK World Bank Dominican Republic : Social and Structural Policy Review, Volume 1 |
geographic_facet |
Latin America & Caribbean Dominican Republic |
description |
The report outlines the macroeconomic
stability in the Dominican Republic during the 1990s,
suggesting its strong economic growth, and poverty
reduction, will contribute to the gradual transformation the
country is undergoing towards policy reform. It analyzes
poverty, especially severe in rural areas, where misdirected
agriculture policies, and insufficient public investments,
such as education, limit opportunities. But, the advancing
trade liberalization, is expected to reduce export taxes,
and although displaced industrial, and agricultural
activities will be subjected to adjustment costs, there will
nonetheless be improvements in consumers' welfare, and
real wages. However, public resources for education remain
very low, particularly for secondary education, and this
should be considered as key element of the government's
poverty reduction strategy, in addition to the establishment
of safety nets to curtail malnutrition, and expand health,
and sanitation programs, to tackle the extreme poverty.
Recommendations suggest, first, to reduce macroeconomic
vulnerabilities, through tight fiscal, and monetary
policies, and, second, implement reforms, to prod a business
environment, and, a strengthened banking sector, through
market, and regulatory mechanisms. |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Dominican Republic : Social and Structural Policy Review, Volume 1 |
title_short |
Dominican Republic : Social and Structural Policy Review, Volume 1 |
title_full |
Dominican Republic : Social and Structural Policy Review, Volume 1 |
title_fullStr |
Dominican Republic : Social and Structural Policy Review, Volume 1 |
title_full_unstemmed |
Dominican Republic : Social and Structural Policy Review, Volume 1 |
title_sort |
dominican republic : social and structural policy review, volume 1 |
publisher |
Washington, DC |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2000/03/437529/dominican-republic-social-structural-policy-review-vol-1-2-main-report http://hdl.handle.net/10986/15152 |
_version_ |
1764427502262943744 |
spelling |
okr-10986-151522021-04-23T14:03:15Z Dominican Republic : Social and Structural Policy Review, Volume 1 World Bank ACCOUNTABILITY AGGREGATE INDICATORS AGRICULTURE ANALYTICAL WORK ANNUAL GROWTH ANNUAL GROWTH RATE AVERAGE PRODUCTIVITY BANKING SECTOR BANKING SYSTEM BUSINESS COMMUNITY BUSINESS ENVIRONMENT CAPITAL ACCUMULATION CENTRAL BANK CENTRALIZATION CIVIL SOCIETY COMPREHENSIVE DEVELOPMENT COMPREHENSIVE DEVELOPMENT FRAMEWORK CONSUMERS CORPORATE GOVERNANCE CURRENCY UNIT DEBT DEMAND FOR MONEY DEMOCRACY DEMOCRATIC INSTITUTIONS DEPENDENT VARIABLE DEVELOPING COUNTRIES DUAL ECONOMY ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC REFORMS ECONOMIC STRUCTURE EDUCATIONAL ATTAINMENT EMPLOYMENT EXCHANGE RATE EXPENDITURE SURVEY EXPORTS EXTERNAL SHOCKS EXTREME POVERTY FINANCIAL MANAGEMENT FINANCIAL SECTOR FINANCIAL SECTOR LIBERALIZATION FINANCIAL SERVICES FREE TRADE GDP GNP GROSS DOMESTIC PRODUCT GROWTH RATES HIGH GROWTH HOUSEHOLD CHARACTERISTICS HOUSEHOLD HEAD HOUSEHOLD INCOME HOUSEHOLD SURVEY HUMAN CAPITAL HUMAN DEVELOPMENT IMPORT QUOTAS INCOME INCOME COUNTRIES INCOME DISTRIBUTION INCOME GROUPS INCOME QUINTILES INDUSTRIAL SECTOR INFLATION INSTITUTIONAL CAPACITY INSURANCE INTEREST RATES INTERNATIONAL MIGRATION LABOR FORCE LABOR MARKET LABOR MARKETS LEGISLATION LONG RUN LONG-TERM PROCESS MACROECONOMIC CRISIS MACROECONOMIC INSTABILITY MACROECONOMIC MANAGEMENT MACROECONOMIC PERFORMANCE MACROECONOMIC POLICY MACROECONOMIC STABILITY MONETARY POLICIES MONETARY POLICY NATIONAL ACCOUNTS NATIONAL ELECTIONS NEGATIVE IMPACT PER CAPITA INCOME PER-CAPITA INCOME POLICY ENVIRONMENT POLICY FRAMEWORK POLICY INITIATIVES POLICY MAKING POLICY REFORMS POLICY REVIEW POLITICAL INFLUENCE POLITICAL PARTIES POOR GROWTH POOR PERFORMANCE POVERTY ALLEVIATION POVERTY GAP POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRODUCTIVITY GROWTH PROPERTY RIGHTS PROTECTIONISM PUBLIC EMPLOYMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC POLICIES PUBLIC POLICY PUBLIC PROCUREMENT PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR MANAGEMENT PUBLIC SERVICES REAL INTEREST RATES REAL WAGES RECURRENT EXPENDITURES REGIONAL DISTRIBUTION REGRESSION ANALYSIS REGULATORY FRAMEWORK RURAL AREAS RURAL HOUSEHOLDS RURAL POOR SAFETY NET SAFETY NETS SAMPLE HOUSEHOLDS SAVINGS SECONDARY SCHOOLS SKEWED DISTRIBUTION SKILLED LABOR SOCIAL CONDITIONS SOCIAL PROTECTION SOCIAL SERVICES STATE INTERVENTIONS STRUCTURAL REFORM STRUCTURAL REFORMS TARIFF BARRIERS TAX REFORMS TAXATION TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE LIBERALIZATION TRADE POLICY TRADE REFORMS TRADE REGIME TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATES URBAN AREAS URBAN HOUSEHOLDS URBAN POOR VALUE ADDED WAGES WORLD TRADE ORGANIZATION WTO SOCIAL PLANNING SOCIAL POLICY REFORM STRUCTURAL REFORMS ECONOMIC GROWTH POVERTY REDUCTION POLICY REFORM AGRICULTURAL POLICIES PUBLIC INVESTMENTS EDUCATIONAL INVESTMENT TRADE LIBERALIZATION EXPORT TAXES INDUSTRIAL CAPACITY ADJUSTMENT COSTS WAGE INCENTIVES CONSUMER CONFIDENCE POVERTY ALLEVIATION MECHANISMS SAFETY NET POLICIES MALNUTRITION HEALTH PROGRAMS SANITATION SERVICES MACROECONOMICS FISCAL CONSTRAINTS MONETARY POLICY BUSINESS CONDITIONS BANKING SECTOR REFORMS MARKET REFORMS REGULATORY FRAMEWORK The report outlines the macroeconomic stability in the Dominican Republic during the 1990s, suggesting its strong economic growth, and poverty reduction, will contribute to the gradual transformation the country is undergoing towards policy reform. It analyzes poverty, especially severe in rural areas, where misdirected agriculture policies, and insufficient public investments, such as education, limit opportunities. But, the advancing trade liberalization, is expected to reduce export taxes, and although displaced industrial, and agricultural activities will be subjected to adjustment costs, there will nonetheless be improvements in consumers' welfare, and real wages. However, public resources for education remain very low, particularly for secondary education, and this should be considered as key element of the government's poverty reduction strategy, in addition to the establishment of safety nets to curtail malnutrition, and expand health, and sanitation programs, to tackle the extreme poverty. Recommendations suggest, first, to reduce macroeconomic vulnerabilities, through tight fiscal, and monetary policies, and, second, implement reforms, to prod a business environment, and, a strengthened banking sector, through market, and regulatory mechanisms. 2013-08-16T21:35:38Z 2013-08-16T21:35:38Z 2000-03-23 http://documents.worldbank.org/curated/en/2000/03/437529/dominican-republic-social-structural-policy-review-vol-1-2-main-report http://hdl.handle.net/10986/15152 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Latin America & Caribbean Dominican Republic |