Production Transformation Policy Review of the Dominican Republic Preserving Growth, Achieving Resilience

The Dominican Republic, though the fastest-growing economy in Latin America and the Caribbean since 2010, cannot afford complacency. The COVID-19 crisis may accelerate existing global trends that created the need for reforms addressing structural weaknesses that lurked beneath the surface well befor...

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Bibliographic Details
Corporate Authors: Organisation for Economic Co-operation and Development, United Nations Conference on Trade and Development, Economic Commission for Latin America and the Caribbean
Format: eBook
Language:English
Published: Paris OECD Publishing 2020
Series:OECD Development Pathways
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
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505 0 |a Transforming industries: Focus on agro-food in the Dominican Republic -- Elements for a forward-looking policy agenda in the Dominican Republic -- Transforming industries: Focus on nearshoring in the Dominican Republic -- Foreword -- Country profile -- Editorial -- A fast-growing economy in search of new development drivers -- Executive summary -- Assessment and recommendations -- Abbreviations and acronyms 
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520 |a The Dominican Republic, though the fastest-growing economy in Latin America and the Caribbean since 2010, cannot afford complacency. The COVID-19 crisis may accelerate existing global trends that created the need for reforms addressing structural weaknesses that lurked beneath the surface well before the pandemic. The current situation demands an unpreceded policy effort to ensure a prompt and effective health response, and to guarantee short-term support for workers and firms. The enduring challenge will be updating the country's development model through targeted reforms. The Production Transformation Policy Review (PTPR) of the Dominican Republic identifies priority reforms to update the national strategy, with perspectives on agro-food and nearshoring. It benefitted from peer review from the United States Reshoring Institute and the Ministry of Agriculture of Brazil