Dominican Republic
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America 1954 , pp 165-167
- Publication Date: December 1954
- DOI: https://doi.org/10.18356/4ad4aa62-en
- Language: English
The improvement in the terms of trade represented the outstanding economic feature of the Dominican Republic in 1954. Although adverse factors tended to offset this favourable trend, to a certain degree its effects were transferred to the domestic economy, particularly to agricul, ture, industry, and the balance-of-payments situation. The maintenance in 1954 of the high level of domestic activity which had prevailed in 1953, primarily arose from high export prices which caused a recovery of 17.5 per cent in the terms of trade.
© United Nations
ISBN (PDF):
9789210583572
Book DOI:
https://doi.org/10.18356/b2bd1486-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Dominican Republic
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