Apr 21, 2022
In General Discussion
The citizenry and therefore produce Germany Phone Number List winners and losers. The PLD story was proposed to remove the country from social and economic backwardness, for which it promoted a profitable financial system and economic incentive policies that would open markets and motivate private and foreign Germany Phone Number List investment to generate jobs and thus increase the consumption capacity. of Dominican families. The high economic growth, sustained by an intense and coordinated monetary and fiscal policy, would generate, as a spillover effect, an increase in the social and economic well-being Germany Phone Number List of the population. The result is that to date it has not been possible to increase democratic quality or social progress. The Dominican Republic managed to Germany Phone Number List maintain an average growth of 5.3% of GDP between 1993 and 2018; however, it is clear that it has not taken advantage of the increase in real gross national income per Germany Phone Number List capita to advance in health and education issues. 80% of wage earners barely reach a monthly income below the value of the average basic food basket; 29.2% of households suffer from deprivation of assets, resources or opportunities that would enable their Germany Phone Number List subsistence and development in minimum conditions, and 61.7% of the population belongs to low-income strata. Along with the increase in the number of Germany Phone Number List people considered “not poor”, the vulnerabilities of Dominican families are high. In households that receive remittances, poverty levels reach 33.3%, but if this source Germany Phone Number List of income is excluded, they increase to 60.8%. The PLD leaves the country with a public debt that represents 52.3% of GDP , along with a significant historical deficit in basic services. Public social spending per capita barely represents 64% of what Latin America Germany Phone Number List invests on average.