The lack of long-term financing for local companies severely limits the country’s ability to fund badly needed investment projects.
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Taking the Next Step
The Dominican Republic is preparing for another capital markets offering.
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Time To Upgrade
The Dominican Republic’s tourism industry is trying to move beyond the mass market.
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November 2002
Luiz Inácio Lula da Silva is elected president of Brazil. Markets react nervously. Few are entirely convinced by his promise to honor the public debt and maintain the outgoing government’s pro-market reform policies.
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A Caribbean Competitor
Securing a free trade agreement with the United States and attracting more foreign investment would add a needed edge to the Dominican Republic’s developing economy.
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A High-End Gamble
A $3 billion luxury development will test the country’s ability to upgrade its tourism image.
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A Modern Legal Framework
The Dominican Republic has enacted dozens of laws that favor free competition, as well as the solvency and reliability of the financial system.
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A Regional Standout
The Dominican Republic’s strong economy continues to outshine its neighboring countries.
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Bolstering Local Business
The Dominican Republic’s low-risk profile has been a magnet for foreign companies.
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Closure of the Crisis?
The government is finally trying to resolve the country’s power shortage.