Today’s op-ed contribution by leading economist Pedro Silverio is quite succinct: The Dominican government is not doing much to inspire a healthy “investment climate”. He identifies the decline of direct foreign investment as an indicator, showing the fall from 7.6% of the GDP to just 4% over the past four years, representing an erosion of 45%. The problem is clear, says Silverio. “The government is doing things that deteriorate the ‘investment climate’.” He pointed out, as have others, that the President was even forced to listen to accusations of inferior judicial security from King Juan Carlos of Spain and Spanish head of government Jose Maria Aznar – criticism that is quite unusual at formal meetings of heads of state. Silverio ends today’s article by saying that the takeover of the electrical distributors is just one more step in the wrong direction. <\/p>\n","protected":false},"excerpt":{"rendered":"
Today’s op-ed contribution by leading economist Pedro Silverio is quite succinct: The Dominican government is not doing much to inspire a healthy “investment climate”. He identifies the decline of direct foreign investment as an indicator, showing the fall from 7.6% of the GDP to just 4% over the past four years, representing an erosion of … <\/p>\n