Daily Almanac for
Sep 8, 2008
Search White Pages
Info search tips
Bio search tips

Sponsored LinksTravel reviews & great deals at TripAdvisor:

Encyclopedia—Dominican Republic

Economy

The country's economy has traditionally depended on agriculture. Although sugarcane is the chief crop and sugar is an important export, sugar production has sharply declined in recent years. Other major crops are coffee, cotton, cocoa, tobacco, and rice. There are deposits of nickel, bauxite, gold, silver, and other minerals, and mining is of growing economic importance. Free-trade zones have led to an increase in light industry, especially the manufacture of textiles and clothing. Tourism is also important to the economy, and the service sector is now the country's largest employer. The United States, Mexico, and Colombia are the main trading partners.

Sections in this article:

The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2007, Columbia University Press. All rights reserved.

    • Cite
    • Print
    • Bookmark

Premium Partner Content
HighBeam Research

Related content from HighBeam Research on: Dominican Republic: Economy

Special Supplement: Dominican Republic - Poll Star - Incumbent President Leonel Fernandez Is The Clear Favourite To Win Next Year's Election, But His Prospects Will Suffer If A US Downturn And Higher Oil Prices Hit The Economy. Monica Campbell Reports. (The Banker)

Developing Poverty: The State, Labor Market Deregulation, and the Informal Economy in Costa Rica and the Dominican Republic.(Review) (Perspectives on Political Science)

Calling the blind man's bluff.(President Leonel Fernandez of the Dominican Republic has an approval rating of some 45%, despite the fact that the country has booming economy)(Brief Article) (The Economist (US))

Peasants Under Siege: Political Economy of Conservation and State Control in the Cordillera Central, Dominican Republic (Environmental History)

The Banker Special Supplement: Dominican Republic - Meteoric Revival Built On Variety - Diversification Continues To Be A Hallmark Of The Dominican Economy And This, Along With Prudent Financial Management, Helps Explain The Country's Marked Turnaround, S. (The Banker)

Special Supplement: Dominican Republic - Confidence Booster - Hector Valdez Albizu's Tough Reputation In His Role As Central Bank Governor Instils Confidence In The Market. He Tells Tom Blass What Plans Are Afoot To Move The Economy Forward And Strengthen.(Interview) (The Banker)

Sweat and tears; The Dominican Republic.(Prospects for the Dominican Republic's new president) (The Economist (US))

The Dominican Republic: Latin America's latest economic "miracle"? (Dollars & Sense)

Postnational pressures: Haitian migrants in the Dominican Republic. (Harvard International Review)

Special Supplement: Dominican Republic - A Foreign Magnet - The Republic's Open Inward Investment Programme Has Attracted Huge FDI Inflows Into Tourism, Telecoms, Mining And Manufacturing In Free Trade Zones. Jules Stewart Explains. (The Banker)

Additional search results provided by HighBeam Research, LLC. © Copyright 2005. All rights reserved.