Conep calls for changes in how progress is assessed

[Dolores]

President Luis Abinader was present for the opening of the 10th National Business Council (Conep) Convention. President Abinader called for private and public sectors to put differences aside and work for common goals.

Conep is the most important business organization. During the event, Conep published a short list of objectives. Conep acknowledges the sustained extraordinary economic development over the past five decades given the environment stability and trust. But the business council calls for looking beyond growth of GDP and for the nation to adopt new metrics to calculate progress in terms of quality of life and welfare of those living in the country.

Celso Juan Marranzini, president of Conep alerted: “In recent years there has been a growing trend in our productivity, but structural flaws are evident that slow down our performance.” Conep...

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[CristoRey]

Quality of life starts with the basics like clean piped water, electricity 24 hrs a day/ 7 days a week along with 3 square meals a day for the entire population.. These simple goals ARE NOT achievable in this country nor will they ever be achieved during our lifetime.

 

[NALs]

For years the Central Bank adjusted the various minimum wages simply by taking the effect of inflation when the correct way is inflation + productivity increases. Most productivity gains that belong to Dominican workers went to the rich. That's a good reason why wage levels in the DR never increased st par with increases of productivity of Dominican workers. I don't remember reading about the CONEP ever complaining of how the minimum wages was set. That's an error that has been kept hush hush in the Central Bank.

The CONEP is one of the largest associations of top level Dominican businessmen (ie. the oligarchy.)