According to the representative of the World Bank in Dominican Republic, if the number of poor people in the country corresponded to the economic growth experienced over the last years, there would be 1.4 million less poor people. Alessandro Legrottaglie made the statement in the sixth edition of “Think Economics” to explain the disparity that exists between the rate of poverty and growth in the Dominican Republic.
According to World Bank data, the national poverty rate has fallen from 41.2% in 2013 to 30.5% in 2016. However, while poverty had decreased by almost 9 percentage points between 2013 and 2015, from 41.2% to 32,3%, in 2016 it only fell by 1.8% to 30.5%.
He pointed out that the Dominican Republic is the exception. In the rest of the Latin American region he said the poverty rate is in direct relation to the economic growth.
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El Dia
9 November 2017
