Private and foreign investment to generate Country Email List jobs and thus increase consumption capacity. of Dominican families. The high economic growth, sustained by an intense and coordinated monetary and fiscal policy, would generate a Country Email List spillover effect that would increase the social and economic well-being of the population. The result is that to date it has not been possible to increase democratic quality or social Country Email List progress. The Dominican Republic managed to maintain an average growth of 5.3% of GDP between 1993 and 2018; however.
It is clear that it has not taken advantage Country Email List of the increase in real gross national income per capita to advance in health and education issues . 80% of wage earners barely reach a monthly income below the value of the average basic Country Email List food basket; 29.2% of households suffer from deprivation of assets, resources or opportunities that would enable their 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 people Country Email List considered “not poor”, the vulnerabilities of Dominican families are high.
In households that receive remittances, poverty Country Email List levels reach 33.3%, but if this source 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 Country Email List significant historical deficit in basic services. Public social spending per capita barely represents 64% of what Latin America invests on average. At the institutional level, regarding democratic quality, there is evidence of a deficit in the rule of law, with significant setbacks in recent years in the Country Email List system of checks and balances, especially in the limitations of the Legislative and Judicial powers to control the Executive.