The Center for Strategic and International Studies (CSIS) has highlighted that development in the Dominican Republic is due to the democratic stability over the last 50 years. In a report presented recently in Washington DC about trade on the Dominican-Haitian border, CSIS experts reminded that the Dominican Republic and Haiti once had the same level of development, but while the former had experienced political, social and economic stability, with elections held over the last 50 years, Haiti had been affected by political instability, natural catastrophes such as the 2010 earthquake, and substantial deforestation throughout the territory.
The report goes on to say that the stability in the Dominican Republic had allowed it to attract foreign investment, develop manufacturing industries and establish a tourism sector. On the other hand, the instability of Haiti has led to limited development and economic growth indices along with challenges such as ensuring citizen safety and weak institutions.
The study was presented by Michael Matera, director of the Americas Program of CSIS and Mary Speck, consultant and writer of the report.
The presentation was attended by officials from the United States State Department, the International Development Agency (USAID), as well as businessmen, personnel from the Haitian embassy in Washington, the Dominican ambassador in Haiti, Alberto Despradel, and officials from the Dominican Embassy in Washington.
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Al Momento
CSIS
27 March 2019