The balance of payments and economic growth in Central America and the Dominican Republic

Chapter IV looked at changes in the way the subregion participates in global markets, at changes in its production structure in terms of GDP and employment by sector, and at the track record of labour productivity. The findings show that several aspects of export activity and foreign investment changed significantly in Central America and the Dominican Republic between 1990 and 2011. Except for Panama, however, the changes in the external sector were accompanied by very limited transformation of the region’s production structure in terms of the share in GDP of the key branches of economic activity.

Related Subject(s): Economic and Social Development

Countries: Dominican Republic