[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108324-en":3,"doc-seo-108324-105":30,"detail-sidebar-cat-0-en-105":91},{"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},108324,1649267921044,"Ava Thompson","https://us-avatar.wpscdn.com/avatar/1800007509477c92dfb?_k=1782875107921204101",8,"Research & Report","Dominican Republic Country Economic Memorandum - Sustaining Economic Growth","Dominican Republic Country Economic Memorandum examines how the country can sustain economic growth through productivity gains and a more competitive market environment. It addresses why growth has been strong yet uneven, identifies constraints behind the productivity decline, and evaluates policies such as special tax regimes. The memorandum also explores fiscal space creation by reducing expenditure inefficiencies, including procurement reforms, and discusses governance roles that shape competition outcomes.","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","cbCailJoqUDYY3Ov","https://ap.wps.com/l/cbCailJoqUDYY3Ov","pdf",4600151,3,1,84,"English","en",105,"# Executive summary\n# 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# 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# Enhancing market competition to boost growth\n## Understanding the competition environment in the Dominican Republic\n## Barriers to competition in the Dominican Republic\n## Conclusions\n# Reducing expenditure inefficiencies to open up fiscal space for productivity-enhancing investments\n## Introduction\n## Improving procurement efficiency\n## Conclusions\n# 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