[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108322-en":3,"doc-seo-108322-105":30,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},108322,1649267921044,"Ava Thompson","https://us-avatar.wpscdn.com/avatar/1800007509477c92dfb?_k=1782875107921204101",8,"Research & Report","Dominican Republic Country Economic Memorandum - Sustaining Economic Growth","A policy-focused country economic memorandum for the Dominican Republic outlining how to sustain economic growth amid strong but uneven performance. It examines drivers of growth, highlights the need for higher productivity, and analyzes factors behind a productivity decline, including labor market skill mismatches and limits on innovation. The memorandum also proposes measures to reverse productivity losses and enhance market competition, while reducing expenditure inefficiencies to create fiscal space for productivity-enhancing investments.","Public Disclosure Authorized Public Disclosure Authorized  \nDOMINICAN REPUBLIC COUNTRY ECONOMIC MEMORANDUM:  \nSUSTAINING ECONOMIC GROWTH  \nTable of Contents  \nAcknowledgments ........................................................................................................................................ 4  \nList of abbreviations ..................................................................................................................................... 5  \nExecutive summary ...................................................................................................................................... 6  \nChapter 1. Exceptionally strong, yet uneven economic growth ............................................................... 14  \na. Introduction ........................................................................................................................................ 14  \nb. The Dominican Republic’s growth performance ............................................................................... 15  \nc. Yet, growth has been uneven ............................................................................................................ 21  \nd. Higher productivity growth is needed to sustain growth ................................................................. 24  \ne. Conclusions ......................................................................................................................................... 26  \nf. Appendix ......................................................................................................................................... 27as  \nAppendix 1.1. Country peers ..................................................................................................................... 27  \nAppendix 1.2. Calculating Backward linkages ........................................................................................... 28  \nChapter 2. Reversing the productivity decline .......................................................................................... 29  \na. Introduction ........................................................................................................................................ 29  \nb. Productivity dynamics ........................................................................................................................ 30  \nc. Factors constraining productivity growth ......................................................................................... 34  \ni) Labor market skills inefficiencies and demand-supply mismatches ...................................................... 34  \nii) Non-creative innovation ....................................................................................................................... 39  \nd. The implications of special tax regimes (STRs) ..................................................................................41  \niii) Climate change ..................................................................................................................................... 42  \ne. Summary: closing the growth and income gaps ...............................................................................45  \nf. Appendix ............................................................................................................................................. 47  \nAppendix 2.1. Calculating sectoral distortions .......................................................................................... 47  \nAppendix 2.2. Computable General Equilibrium (CGE) model .................................................................48  \nChapter 3. Enhancing market competition to boost growth .................................................................... 51  \nb. Introduction ........................................................................................................................................ 51  \nc. Understanding the competition environment in the D","cbCaiuWhrgma5XGT","https://ap.wps.com/l/cbCaiuWhrgma5XGT","pdf",4600151,6,1,84,"English","en",105,"# Executive summary\n# Chapter 1. Exceptionally strong, yet uneven economic growth\n## Introduction\n## The Dominican Republic’s growth performance\n## Yet, growth has been uneven\n## Higher productivity growth is needed to sustain growth\n## Conclusions\n# Chapter 2. Reversing the productivity decline\n## Introduction\n## Productivity dynamics\n## Factors constraining productivity growth\n## The implications of special tax regimes (STRs)\n## Summary: closing the growth and income gaps\n# Chapter 3. Enhancing market competition to boost growth\n## Introduction\n## Understanding the competition environment in the Dominican Republic\n## Barriers to competition in the Dominican Republic\n## Conclusions\n# Chapter 4. Reducing expenditure inefficiencies to open up fiscal space for productivity-enhancing investments\n## Introduction\n## Improving procurement efficiency\n## Conclusions\n# Conclusion","[{\"question\":\"What problem does the memorandum address regarding Dominican Republic economic growth?\",\"answer\":\"It focuses on sustaining economic growth despite exceptionally strong yet uneven performance and an observed productivity decline.\"},{\"question\":\"What does the memorandum identify as key constraints on productivity growth?\",\"answer\":\"It highlights labor market skills inefficiencies and demand-supply mismatches, along with non-creative innovation, and discusses additional implications such as special tax regimes and climate change.\"},{\"question\":\"How does the memorandum propose improving the environment for growth?\",\"answer\":\"It recommends enhancing market competition, lowering barriers tied to how government acts as a player/regulator/referee, and improving expenditure efficiency to create fiscal space for productivity-enhancing 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