Economic Development Strategies in the Dominican Republic

Pozo, Susan; Sánchez‐Fung, José R.; Santos‐Paulino, Amelia U.

doi:10.1093/acprof:oso/9780199671557.003.0018

Cited by 21 publications

(17 citation statements)

References 21 publications

(12 reference statements)

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“…The period of study begins from 1996 because 2 From past lessons (Fosu, 2010), Fosu (2012Fosu ( , 2013a has recently documented interesting literature on lessons and strategies for achieving development success. The plethora of lessons are drawn from: the emerging Asian giants of China and India (Singh, 2013;Yao, 2013;Santos-Paulino, 2013); East Asia and the Pacific (Lee, 2013;Jomo and Wee, 2013;Warr, 2013;Thoburn, 2013;Khan, 2013); Latin America and the Caribbean (De Mello, 2013;Solimano, 2013;Trejos, 2013;Pozo et al, 2013;Cardoso, 2013); the Middle East and North Africa (Looney, 2013;Baliamoune-Lutz, 2013;Nyarko, 2013b;Drine, 2013) and; sub-Saharan Africa (Robinson, 2013;Subramanian, 2013;Lundahl and Petersson, 2013;Fosu, 2013b;Naudé, 2013).…”

Section: Datamentioning

confidence: 99%

The Incremental Effect of Education on Corruption: Evidence of Synergy from Lifelong Learning

Asongu

Nwachukwu

2015

SSRN Journal

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Education as a tool in the fight against corruption has been subject to much debate in academic and policy making circles. This note extends what we know on this nexus in a threefold manner:namely, in terms of: incremental, lifelong learning and synergy effects. Four main findings are established. First, education is a powerful tool in the fight against corruption. Second, there is evidence of an incremental effect in the transition from secondary to tertiary education. Third, lifelong learning defined as knowledge acquired during primary, secondary and tertiary education negatively affects corruption. Fourth, there is evidence of a 'synergy effect' because the impact of lifelong learning is higher than the combined effects of various educational levels. The empirical evidence is based on 53 African countries for the period 1996-2010. Two main policy implications are derived. First, encouraging education through the tertiary level enhances the fight against corruption. Second, the drive towards a knowledge economy by means of lifelong learning has 'corruption mitigating' benefits.

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Section: Datamentioning

confidence: 99%

The Incremental Effect of Education on Corruption: Evidence of Synergy from Lifelong Learning

Asongu

Nwachukwu

2015

SSRN Journal

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“…The strategies are mostly drawn from: East Asia & the Pacific (Lee, 2013;Warr, 2013;Jomo & Wee, 2013;Thoburn, 2013;Khan, 2013); the emerging Asian giants of China & India (Yao, 2013;Singh, 2013;Santos-Paulino, 2013); Latin America & the Caribbean (De Mello, 2013;Solimano, 2013;Pozo et al, 2013;Trejos, 2013;Cardoso, 2013); the Middle East & North Africa (Looney, 2013;Nyarko, 2013b; Consistent with Akinwale (2010, p. 125 Volkema and Bergmann (1995), Black (1990), Borg (1992), and Thomas (1992).…”

Section: Introductionmentioning

confidence: 99%

The Role of Lifelong Learning in Political Stability and Non-Violence: Evidence from Africa

Asongu

Nwachukwu

2014

SSRN Journal

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Purpose -Education as a weapon in the fight against conflict and violence remains widely debated in policy and academic circles. Against the background of growing political instability in Africa and the central role of the knowledge economy in 21 st century development, this paper provides three contributions to existing literature. It assesses how political stability/ non-violence is linked to the incremental, synergy and lifelong learning effects of education.Design/methodology/approach -We define lifelong learning as the combined knowledge acquired during primary, secondary and tertiary education. Principal component analysis is used to reduce the dimensions of educational and political indicators. An endogeneity robust dynamic system Generalized Methods of Moments is used for the estimations.Findings -We establish three main findings. First, education is a useful weapon in the fight against political instability. Second, there is an incremental effect of education in the transition from secondary to tertiary schools. Third, lifelong learning also has positive and synergy effects. This means that the impact of lifelong learning is higher than the combined independent effects of various educational levels. The empirical evidence is based on 53 African countries for the period 1996-2010.Practical implications -A plethora of policy implications are discussed, inter alia: how the drive towards increasing the knowledge economy through lifelong learning can be an effective tool in the fight against violence and political insurgency in Africa.Originality/value -As the continent is nursing knowledge economy ambitions, the paper is original in investigating the determinants of political stability/non violence from three dimensions of education attainment: the incremental, the lifelong learning and a synergy effect.

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“…The first democratically held election was in 1996; however, political corruption is still rampant (Ferguson, 2001b). Agricultural commodities, primarily tobacco, coffee, cocoa, and sugar, drove the DR economy through the 1970s (Pozo et al, 2010). The mid-1980s and 1990s saw drastic inflation, devaluation of the DR Peso, rising unemployment rates, and deteriorating income levels, all of which increased the poverty level (Ferguson, 2001a).…”

Section: Political Economymentioning

confidence: 99%

“…They involve a combination of short-term strategies aimed at stabilization and long-term structural reforms aimed at transforming state-controlled economies into global market economies (Gregory, 2007). For example, free trade zones (FTZs), or designated areas near transportation hubs that could receive material goods from across the globe for further manufacturing and reexporting without interference from the government, appeared in the DR at this time (Pozo et al, 2010). Economic incentives, including attractive taxation and a cheap labor force, also encouraged TNCs to take advantage of the open borders and invest in, or relocate facilities to, the DR.…”

Section: Political Economymentioning

confidence: 99%

Tourism development in the Dominican Republic: An examination of the economic impact to coastal households

Duffy

Stone

Chancellor

et al. 2015

Tourism and Hospitality Research

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Coastal tourism projects are promoted in the Dominican Republic as national-level economic development initiatives that will create jobs for local residents, subsequently benefiting the households in these communities. However, the economic benefits of tourism can be severely weakened as a result of the neoliberal economic policies that guide such projects. Like other economically developing countries-particularly small island nations-the Dominican Republic embraced neoliberal policies that have ultimately reshaped the country's economic, political, cultural, and physical landscape. As a result, transnational companies, foreign investors, and large-scale enclave tourism projects are the dominant form of tourism development in the Dominican Republic. Though companies' revenue and profit data are not available for analysis of economic leakage, households can be investigated to understand the level of economic benefits obtained by residents of the local communities. Toward this end, 360 household surveys were collected to examine household income and material assets across 12 coastal communities in three regions of the Dominican Republic. Because of the noted differences in previous development literature, gender of the head of households and whether the household was dependent on income from tourism employment were compared across these measures after adjusting for regional differences. Results indicate that the gender of the head of the household and tourism dependency positively predicted household income, while only gender of the head of the household predicted material assets.

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Economic Development Strategies in the Dominican Republic

Cited by 21 publications

References 21 publications

The Incremental Effect of Education on Corruption: Evidence of Synergy from Lifelong Learning

The Incremental Effect of Education on Corruption: Evidence of Synergy from Lifelong Learning

The Role of Lifelong Learning in Political Stability and Non-Violence: Evidence from Africa

Tourism development in the Dominican Republic: An examination of the economic impact to coastal households

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