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The Dominican Republic's growth model has led to exceptional economic expansion, far exceeding the LAC average over the past two decades, but it is reaching its limits due to slow productivity growth. While impressive, the Dominican Republic’s growth performance has been based on factor accumulation rather than productivity growth and associated with regional disparities and wage stagnation. Productivity growth has been hindered by policy distortions...
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DETAILS

  • 2023/05/15

  • Country Economic Memorandum

  • 184224

  • 1

  • Dominican Republic,

  • Latin America And Caribbean,

  • 2023/07/25

  • Disclosed

  • Dominican Republic Country Economic Memorandum - Sustaining Economic Growth

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Citation

World Bank.

Dominican Republic Country Economic Memorandum - Sustaining Economic Growth (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099072523145018880

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