Production Transformation Policy Review of the Dominican Republic
Preserving Growth, Achieving Resilience
The Dominican Republic, though the fastest-growing economy in Latin America and the
Caribbean since 2010, cannot afford complacency. The COVID-19 crisis may accelerate
existing global trends that created the need for reforms addressing structural weaknesses
that lurked beneath the surface well before the pandemic. The current situation demands
an unpreceded policy effort to ensure a prompt and effective health response, and
to guarantee short-term support for workers and firms. The enduring challenge will
be updating the country’s development model through targeted reforms. The Production
Transformation Policy Review (PTPR) of the Dominican Republic identifies priority
reforms to update the national strategy, with perspectives on agro-food and nearshoring.
It benefitted from peer review from the United States Reshoring Institute and the
Ministry of Agriculture of Brazil.