Dominican Republic and the Central American countries are united
by several trade agreements that identify and strengthen them as
one region, a region full of opportunities which main
- The total region
covers a population of 60 million people;
- The economies of
these countries maintain rates of economic growth above the average
of the countries of Latin America and the Caribbean (LAC) at 4.3%
vs. 0.7% respectively;
- It has significant
advances in infrastructure;
- It has an
expectation of stability in the prices of its exports with access
to a market of more than 2000 million consumers which main market
is the United States;
- There is a
relative macroeconomic stability and moderate to high growth
prospects with low levels of inflation;
- It has a wealth of
assets, natural resources, culture and biodiversity which means a
high potential for economic and social development.
According to the IMF, the region's economy will be able to
cope with the deceleration observed in emerging markets and its
growth would be moderate as a result of global financial
The countries with the highest growth rates are Nicaragua,
Panama and the Dominican Republic and, in terms of exports, the
overall results of DR CAFTA indicates that the region has
multiplied by 2.2 times the value of its exports since 2000 to
date. Nicaragua, Guatemala, Honduras and El Salvador are the
countries that have exported the most.
As trade agreements are not by themselves development tools but
are part of a comprehensive strategy of insertion in international
markets, it is imperative that the region take advantage of the
opportunities that exist as a result of them, for seeking
innovation, the promotion of Public Private Partnerships, the
strengthening of productive chains to take advantage of global
value chains and the strengthening of national productive capacity
for competition and exports.
All of the above must be followed by these three basic pillars:
strengthen public institutions to make a good governance that
facilitates productive development and competitiveness, develop a
more equitable and higher quality education system, and reduce
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Sob a ótica da indústria nacional ameaçada por possíveis enxurradas de produtos chineses, uma alternativa seria apostar em outros instrumentos para o combate de práticas desleais do comércio internacional.
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