Dominican Republic : Review of Trade and Labor Competitiveness

This report addresses a range of themes related to trade and competitiveness in the Dominican Republic. The analysis examines past trade performance and the many factors contributing thereto, and the policy environment in which these trade outcomes occurred. It also looks forward to imminent changes...

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Main Author:	World Bank
Format:	General Economy, Macroeconomics and Growth Study
Language:	English en_US
Published:	Washington, DC 2012
Subjects:	ACCOUNTING ADMINISTRATIVE PROCEDURES AGRICULTURE CENTRAL AMERICA CENTRAL AMERICAN CENTRAL BANK CLEARANCE COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONSUMER PRICE INDEX CONSUMERS CURRENCY CURRENT ACCOUNT CUSTOMS DEVELOPMENT STRATEGY DIRECT INVESTMENT DUAL ECONOMY ECONOMIC GROWTH EMPLOYMENT EXCHANGE RATE EXPENDITURE EXPORT GROWTH EXPORT SUBSIDIES EXPORTS FISCAL POLICIES FOREIGN COMPETITION FOREIGN EXCHANGE FREE TRADE FREE TRADE ZONES GDP HUMAN CAPITAL IMPORT SUBSTITUTION IMPORTS INCOME INNOVATION INTERMEDIATE GOODS INTERMEDIATE INPUTS INTERNATIONAL FINANCE INTERNATIONAL TRADE JOB CREATION LABOR COMPETITIVENESS LABOR COSTS LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS LABORERS LINKAGES MATCHING MFA NET EXPORTS NON-TARIFF BARRIERS PER CAPITA INCOME POLICY ENVIRONMENT POSITIVE EFFECTS PRODUCERS PRODUCT MARKETS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROFIT SHARING PROPERTY RIGHTS PUBLIC INVESTMENT PURCHASING POWER QUOTAS REAL WAGES REGRESSION ANALYSIS RENTS RESOURCE USE SAM SUSTAINABLE GROWTH TARIFF BARRIERS TARIFF REDUCTIONS TARIFF REFORM TAX RATES TAX REFORM TAX REFORMS THIRD PARTIES TOURISM TRADE AGREEMENTS TRADE CLASSIFICATION TRADE DIVERSION TRADE FACILITATION TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE REFORM UNEMPLOYMENT WAGES WORK FORCE WORKER PRODUCTIVITY
Online Access:	http://documents.worldbank.org/curated/en/2005/03/5734121/dominican-republic-review-trade-labor-competitiveness http://hdl.handle.net/10986/8531

id	okr-10986-8531
recordtype	oai_dc
spelling	okr-10986-85312021-04-23T14:02:39Z Dominican Republic : Review of Trade and Labor Competitiveness World Bank ACCOUNTING ADMINISTRATIVE PROCEDURES AGRICULTURE CENTRAL AMERICA CENTRAL AMERICAN CENTRAL BANK CLEARANCE COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONSUMER PRICE INDEX CONSUMERS CURRENCY CURRENT ACCOUNT CUSTOMS DEVELOPMENT STRATEGY DIRECT INVESTMENT DUAL ECONOMY ECONOMIC GROWTH EMPLOYMENT EXCHANGE RATE EXPENDITURE EXPORT GROWTH EXPORT SUBSIDIES EXPORTS FISCAL POLICIES FOREIGN COMPETITION FOREIGN EXCHANGE FREE TRADE FREE TRADE ZONES GDP HUMAN CAPITAL IMPORT SUBSTITUTION IMPORTS INCOME INNOVATION INTERMEDIATE GOODS INTERMEDIATE INPUTS INTERNATIONAL FINANCE INTERNATIONAL TRADE JOB CREATION LABOR COMPETITIVENESS LABOR COSTS LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS LABORERS LINKAGES MATCHING MFA NET EXPORTS NON-TARIFF BARRIERS PER CAPITA INCOME POLICY ENVIRONMENT POSITIVE EFFECTS PRODUCERS PRODUCT MARKETS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROFIT SHARING PROPERTY RIGHTS PUBLIC INVESTMENT PURCHASING POWER QUOTAS REAL WAGES REGRESSION ANALYSIS RENTS RESOURCE USE SAM SUSTAINABLE GROWTH TARIFF BARRIERS TARIFF REDUCTIONS TARIFF REFORM TAX RATES TAX REFORM TAX REFORMS THIRD PARTIES TOURISM TRADE AGREEMENTS TRADE CLASSIFICATION TRADE DIVERSION TRADE FACILITATION TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE REFORM UNEMPLOYMENT WAGES WORK FORCE WORKER PRODUCTIVITY This report addresses a range of themes related to trade and competitiveness in the Dominican Republic. The analysis examines past trade performance and the many factors contributing thereto, and the policy environment in which these trade outcomes occurred. It also looks forward to imminent changes in trade policy and their potential impact. The conclusions drawn from this work have important policy implications that could be useful to policymakers in the Dominican Republic as well as development practitioners in general. One of the key messages emerging from the analysis is that changes in the external trade environment will necessitate a shift in the way the Dominican economy operates in order to remain competitive. The immediate effect of trade liberalization will be reduced protection and therefore greater competition for Dominican producers, which will in turn create pressure for raising productivity and increase demand for a more skilled work force. The resulting reduction in tariff revenue will be offset in part by trade creation, and the economy will experience a certain degree of turnover due to shifting factor allocations and churning in terms of firm start-ups and exits, and job creation and destruction, as producers transition to the new trade environment. 2012-06-20T17:25:14Z 2012-06-20T17:25:14Z 2005-03 http://documents.worldbank.org/curated/en/2005/03/5734121/dominican-republic-review-trade-labor-competitiveness http://hdl.handle.net/10986/8531 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: General Economy, Macroeconomics and Growth Study Economic & Sector Work Latin America & Caribbean America Caribbean Dominican Republic
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTING ADMINISTRATIVE PROCEDURES AGRICULTURE CENTRAL AMERICA CENTRAL AMERICAN CENTRAL BANK CLEARANCE COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONSUMER PRICE INDEX CONSUMERS CURRENCY CURRENT ACCOUNT CUSTOMS DEVELOPMENT STRATEGY DIRECT INVESTMENT DUAL ECONOMY ECONOMIC GROWTH EMPLOYMENT EXCHANGE RATE EXPENDITURE EXPORT GROWTH EXPORT SUBSIDIES EXPORTS FISCAL POLICIES FOREIGN COMPETITION FOREIGN EXCHANGE FREE TRADE FREE TRADE ZONES GDP HUMAN CAPITAL IMPORT SUBSTITUTION IMPORTS INCOME INNOVATION INTERMEDIATE GOODS INTERMEDIATE INPUTS INTERNATIONAL FINANCE INTERNATIONAL TRADE JOB CREATION LABOR COMPETITIVENESS LABOR COSTS LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS LABORERS LINKAGES MATCHING MFA NET EXPORTS NON-TARIFF BARRIERS PER CAPITA INCOME POLICY ENVIRONMENT POSITIVE EFFECTS PRODUCERS PRODUCT MARKETS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROFIT SHARING PROPERTY RIGHTS PUBLIC INVESTMENT PURCHASING POWER QUOTAS REAL WAGES REGRESSION ANALYSIS RENTS RESOURCE USE SAM SUSTAINABLE GROWTH TARIFF BARRIERS TARIFF REDUCTIONS TARIFF REFORM TAX RATES TAX REFORM TAX REFORMS THIRD PARTIES TOURISM TRADE AGREEMENTS TRADE CLASSIFICATION TRADE DIVERSION TRADE FACILITATION TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE REFORM UNEMPLOYMENT WAGES WORK FORCE WORKER PRODUCTIVITY
spellingShingle	ACCOUNTING ADMINISTRATIVE PROCEDURES AGRICULTURE CENTRAL AMERICA CENTRAL AMERICAN CENTRAL BANK CLEARANCE COMPARATIVE ADVANTAGE COMPETITIVE ADVANTAGE COMPETITIVENESS CONSUMER PRICE INDEX CONSUMERS CURRENCY CURRENT ACCOUNT CUSTOMS DEVELOPMENT STRATEGY DIRECT INVESTMENT DUAL ECONOMY ECONOMIC GROWTH EMPLOYMENT EXCHANGE RATE EXPENDITURE EXPORT GROWTH EXPORT SUBSIDIES EXPORTS FISCAL POLICIES FOREIGN COMPETITION FOREIGN EXCHANGE FREE TRADE FREE TRADE ZONES GDP HUMAN CAPITAL IMPORT SUBSTITUTION IMPORTS INCOME INNOVATION INTERMEDIATE GOODS INTERMEDIATE INPUTS INTERNATIONAL FINANCE INTERNATIONAL TRADE JOB CREATION LABOR COMPETITIVENESS LABOR COSTS LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LABOR REGULATIONS LABORERS LINKAGES MATCHING MFA NET EXPORTS NON-TARIFF BARRIERS PER CAPITA INCOME POLICY ENVIRONMENT POSITIVE EFFECTS PRODUCERS PRODUCT MARKETS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROFIT SHARING PROPERTY RIGHTS PUBLIC INVESTMENT PURCHASING POWER QUOTAS REAL WAGES REGRESSION ANALYSIS RENTS RESOURCE USE SAM SUSTAINABLE GROWTH TARIFF BARRIERS TARIFF REDUCTIONS TARIFF REFORM TAX RATES TAX REFORM TAX REFORMS THIRD PARTIES TOURISM TRADE AGREEMENTS TRADE CLASSIFICATION TRADE DIVERSION TRADE FACILITATION TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE REFORM UNEMPLOYMENT WAGES WORK FORCE WORKER PRODUCTIVITY World Bank Dominican Republic : Review of Trade and Labor Competitiveness
geographic_facet	Latin America & Caribbean America Caribbean Dominican Republic
description	This report addresses a range of themes related to trade and competitiveness in the Dominican Republic. The analysis examines past trade performance and the many factors contributing thereto, and the policy environment in which these trade outcomes occurred. It also looks forward to imminent changes in trade policy and their potential impact. The conclusions drawn from this work have important policy implications that could be useful to policymakers in the Dominican Republic as well as development practitioners in general. One of the key messages emerging from the analysis is that changes in the external trade environment will necessitate a shift in the way the Dominican economy operates in order to remain competitive. The immediate effect of trade liberalization will be reduced protection and therefore greater competition for Dominican producers, which will in turn create pressure for raising productivity and increase demand for a more skilled work force. The resulting reduction in tariff revenue will be offset in part by trade creation, and the economy will experience a certain degree of turnover due to shifting factor allocations and churning in terms of firm start-ups and exits, and job creation and destruction, as producers transition to the new trade environment.
format	Economic & Sector Work :: General Economy, Macroeconomics and Growth Study
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Dominican Republic : Review of Trade and Labor Competitiveness
title_short	Dominican Republic : Review of Trade and Labor Competitiveness
title_full	Dominican Republic : Review of Trade and Labor Competitiveness
title_fullStr	Dominican Republic : Review of Trade and Labor Competitiveness
title_full_unstemmed	Dominican Republic : Review of Trade and Labor Competitiveness
title_sort	dominican republic : review of trade and labor competitiveness
publisher	Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2005/03/5734121/dominican-republic-review-trade-labor-competitiveness http://hdl.handle.net/10986/8531
_version_	1764404887262593024

Dominican Republic : Review of Trade and Labor Competitiveness

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