Dominican Republic
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1997-1998 , pp 289-297
- Publication Date: December 1998
- DOI: https://doi.org/10.18356/9eb76c02-en
- Language: English
In 1997, the Dominican Republic achieved its highest growth rate of the decade (8.2%), and this helped to ease the problem of unemployment, which fell below 16%. Monetary expansion, fuelled by abundant foreign currency inflows, formed the backdrop for economic activity, which was boosted by private investment, total consumption and exports in a context of exchange-rate stability.
© United Nations
ISBN (PDF):
9789210582971
Book DOI:
https://doi.org/10.18356/5777322d-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Dominican Republic
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