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Dominican Republic: Recent Economic Developments

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 1996. "Dominican Republic: Recent Economic Developments," IMF Staff Country Reports 1996/058, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1996/058
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    Cited by:

    1. -, 2000. "The fiscal impact of trade liberalization and commodity price fluctuation: the case of Dominican Republic, 1980-1998," Sede Subregional de la CEPAL en México (Estudios e Investigaciones) 25434, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

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