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Economic growth over the period under review has been significant but
distinctly cyclical, the report notes. It also stresses the disparities
in the incentives framework which still favours some groups to the
detriment of others and leads to inefficiencies in some sectors such as
electricity.
The report says that this situation would best be addressed by taking
additional steps to enhance competition in the domestic market and
rationalizing fiscal incentives in order to improve economic efficiency
and strengthen the fiscal situation to help smooth out economic cycles.
The WTO report, along with a policy statement by the Government of the
Dominican Republic, will be the basis for the third TPR of the Dominican
Republic by the Trade Policy Review Body of the WTO on 24 and 26
November 2008.
The
following documents are available in MS Word format.
Note
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Trade Policy Reviews are an exercise, mandated in the WTO agreements,
in which member countries’ trade and related policies are examined and
evaluated at regular intervals. Significant developments that may have
an impact on the global trading system are also monitored. For each
review, two documents are prepared: a policy statement by the
government of the member under review, and a detailed report written
independently by the WTO Secretariat. These two documents are then
discussed by the WTO’s full membership in the Trade Policy Review Body
(TPRB). These documents and the proceedings of the TPRB’s meetings are
published shortly afterwards.
Print
copies of previous TPR publications are available for sale from the
WTO Secretariat, Centre William Rappard, 154 rue de Lausanne, 1211
Genève 21 and through the
on-line
bookshop.
The
TPR publications are also available from our co-publisher Bernan Press, 4611-F Assembly Drive, Lanham, MD 20706-4391, United States.
Schedule of forthcoming reviews
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Liechtenstein and Switzerland:
15 and 17 December 2008
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SEE ALSO