This 2009 Article IV Consultation highlights that the Dominican Republic's economy has been adversely affected by the global crisis. Output has been below potential as real GDP growth is decelerating rapidly from more than 5 percent in 2008 to an estimated 0.5 percent to 1.5 percent in 2009....

A 28-month Stand-By Arrangement (SBA) for the Dominican Republic was introduced against the global recession. The main objective of the program is to limit the procyclicality of policies. The countercyclical macroeconomic program improved confidence and fostered aggregate demand. Monetary policy...

In this study, against the background of deteriorating external conditions owing to the global crisis, a 28-month Stand-By Arrangement (SBA) for the Dominican Republic is reviewed. The objective is to limit the procyclicality of policies in the short term. The macroeconomic situation has...

In this study, owing to the global financial crisis, a Stand-By Arrangement (SBA) for the Dominican Republic was approved. The aim is to limit the procyclical policies in the short-term and discussions focused on policies necessary to ensure that the end-2011 and 2011 targets are observed....

In this paper, statistical data for the Dominican Republic were presented as real, public, financial, and external sectors. In real sector, GDP by sector at constant prices, savings, investment, consumer price index, petroleum statistics, and so on, were outlined. The public sector summarizes...