Any Thoughts

Mar 2, 2008
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I notice the DR is ranked 18 among the 32 Latin American/Caribbean countries, with St Lucia being number 1, and Venezuela last at 32. In this category it ranked 13 in getting credit and 24 in closing a business. It is slightly lower than the median within this category.

It is also considered a lower middle income country, in which it ranks 24 out of 57 in that category, a little above the median.

I'm not sure what these ranking indicate, in terms of an expat starting a business in the DR. I suspect that the process would be somewhat slower and more complicated, simply because of the crony factor alone.

I also noticed the DR was one of 33 economies which implimented 3 or more criteria reforms. That shows that some progress in taking place.