Dominican Republic : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

July 8, 1996

Summary:

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.

Series:

Country Report No. 96/58

Subject:

English

Publication Date:

July 8, 1996

ISBN/ISSN:

9781451811261/1934-7685

Stock No:

1DOMEA0011996

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

117

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