Read Macroeconomic Policy Alternatives in the Dominican Republic

Macroeconomic Policy Alternatives in the Dominican Republic

F. Desmond McCarthy

4.9/5 (17559 ratings)

Description:Dominican Republic is an open economy with a relatively small domestic market. Towards the end of the 1970s, a number of external shocks in oil prices, terms of trade, and higher interest rates presented major problems. This resulted in a surfacing of weakness in policy making and institutional structure that had not been apparent previously. The debt situation steadily deteriorated as the government borrowed heavily for balance of payments support in 1981 and 1982 leading to the current near crisis situation. The analysis in this paper suggests that under any reasonably likely external scenario Dominican Republic will be unable to achieve an acceptable per capita economic growth without major policy shifts. Policy alternatives include: (i) a move towards a unified exchange rate; (ii) fiscal and institutional changes; and (iii) a major shift in factor pricing together with a rethinking of investment strategy. These policy initiatives should lay the base for a more buoyant and versatile economy over the medium-to-long term. This paper develops an analytical framework to examine these various policy alternatives.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Macroeconomic Policy Alternatives in the Dominican Republic. To get started finding Macroeconomic Policy Alternatives in the Dominican Republic, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 96

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: 1984

ISBN: PsFDAAAAYAAJ

Description: Dominican Republic is an open economy with a relatively small domestic market. Towards the end of the 1970s, a number of external shocks in oil prices, terms of trade, and higher interest rates presented major problems. This resulted in a surfacing of weakness in policy making and institutional structure that had not been apparent previously. The debt situation steadily deteriorated as the government borrowed heavily for balance of payments support in 1981 and 1982 leading to the current near crisis situation. The analysis in this paper suggests that under any reasonably likely external scenario Dominican Republic will be unable to achieve an acceptable per capita economic growth without major policy shifts. Policy alternatives include: (i) a move towards a unified exchange rate; (ii) fiscal and institutional changes; and (iii) a major shift in factor pricing together with a rethinking of investment strategy. These policy initiatives should lay the base for a more buoyant and versatile economy over the medium-to-long term. This paper develops an analytical framework to examine these various policy alternatives.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Macroeconomic Policy Alternatives in the Dominican Republic. To get started finding Macroeconomic Policy Alternatives in the Dominican Republic, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Macroeconomic Policy Alternatives in the Dominican Republic

Macroeconomic Policy Alternatives in the Dominican Republic

More Books

Problems of developing countries in the 1990s F. Desmond McCarthy, editor Volume v.1 1900 [Leather Bound]

Problems of developing countries in the 1990s F. Desmond McCarthy, editor Volume v.1 1900 [Leather Bound]

Problems of developing countries in the 1990s / F. Desmond McCarthy, editor

Problems of developing countries in the 1990s / F. Desmond McCarthy, editor

Problems of developing countries in the 1990s F. Desmond McCarthy, editor Volume v.2 1900 [Leather Bound]

Problems of developing countries in the 1990s F. Desmond McCarthy, editor Volume v.2 1900 [Leather Bound]

Reconstructing the Family in Contemporary American Fiction

Reconstructing the Family in Contemporary American Fiction

Developing Economies in Transition: Country Studies (2) (World Bank Discussion Paper)

Developing Economies in Transition: Country Studies (2) (World Bank Discussion Paper)

Macroeconomic Policy Alternatives in the Dominican Republic: An Analytical Framework/Wp0649

Macroeconomic Policy Alternatives in the Dominican Republic: An Analytical Framework/Wp0649

Problems of Developing Countries in the 1990's: General Topics (1) (World Bank Discussion Paper)

Problems of Developing Countries in the 1990's: General Topics (1) (World Bank Discussion Paper)

Comparative life expectancy in Africa (Policy research working paper)

Comparative life expectancy in Africa (Policy research working paper)

Catalogue of rock engravings in the Sydney-Hawkesbury District, N.S.W

Catalogue of rock engravings in the Sydney-Hawkesbury District, N.S.W