The Dominican Republic should concentrate on its service
\nindustry, miscellaneous manufactured items, apparel, leather products and
\nelectronic components, said Frederic Emam Zade, as these are the areas in which
\nit has unearthed a competitive advantage. As the director of economic
\ndevelopment at the Global Foundation for Democracy and Development, Emam Zade
\nmade the recommendations during the seminar titled "Dominican-American
\nRelations: Building Bridges for Development", which was held at Columbia
\nUniversity in New York City on 13 October. Emam Zade said that in services, the
\nDR is the most competitive exporter of the hemisphere, mainly for its tourism.
\nThe DR was ranked slightly ahead of the US for competitiveness, although fared
\nless well for diversity. Emam Zade forecasts that in the next 10 years,
\ncommunications will experience the fastest pace of growth, followed by
\nmanufacturing, commerce, construction, farming, tourism, transport, and the home
\nownership sector. He sees the export free zones stagnating to an eventual
\ndecline starting around 2010. For highlights on the economic perspectives, see<\/p>\n
http:\/\/dr1.com\/news\/2003\/101503_Eco.pdf<\/p>\n","protected":false},"excerpt":{"rendered":"
The Dominican Republic should concentrate on its service industry, miscellaneous manufactured items, apparel, leather products and electronic components, said Frederic Emam Zade, as these are the areas in which it has unearthed a competitive advantage. As the director of economic development at the Global Foundation for Democracy and Development, Emam Zade made the recommendations during … <\/p>\n