This paper estimates the proportion of workers who would meet the required contribution periods to access a contributory retirement pension in the Dominican Republic. Using microdata from labor histories, the paper proposes a survival model to estimate the hazard rates of entering and exiting...

The Dominican Republic has grown strongly over the last two decades supported by political and social stability and a sustained track record of strong policies and strengthened institutional policy frameworks. The next term of government affords the opportunity to further advance and update...

The mission helped the BCRD to assess a CBDC's potential macro-financial, legal, and financial integrity implications, and shared lessons from other countries' CBDC and digital money projects, technology considerations, practices for stakeholder engagement, and how CBDC can increase financial...

The electrical power and land transportation systems of the Dominican Republic are facing significant challenges due to growing demand in both sectors. These two systems are responsible for around 62% of greenhouse gas (GHG) emissions. With the deployment of electric mobility, the power and...

The Dominican Republic (DR) is vulnerable to climate change and has a high rate of natural degradation. The DR shows evidence of significant human mobility flows of (i) internal migration, mainly rural to urban; and (ii) international cross-border migration, especially from Haiti. Given this...

This paper investigates the potential impact of extended school days in reducing teenage fertility. We study the Jornada Escolar Extendida program, which doubled the school-day length from 4 to 8 hours in the Dominican Republic, and exploit the geographic and time variation induced by its...

This paper explores international trade data, classified by technology-intensiveness and type of products, to identify stylized facts, strengths, and weaknesses of the trade patterns in the region of Central America and the Dominican Republic between 1975 and 2016. I focus the analysis not only...

This report assesses the impact of fiscal policy, both revenue and expenditure, on inequality and poverty in the Dominican Republic. On the revenue side, the analysis focuses on the personal income tax, the value added tax (tax on the transfer of industrialized goods and services, known as ITBIS...

This paper studies tax evasion in the form of under-reported wages in Ecuador using microdata from a combination of electronic billing and personal income tax returns filed in 2017. Bringing together this novel combination of data, the study applies the standard method Pissarides and Weber...

This Selected Issues paper reviews the tourism sector landscape in Dominica, assesses its recent performance relative to peers, and analyzes the main determinants and constraints for tourism development. Tourism plays a vital role in Dominica's economy. It contributes significantly to growth,...

The 2023 Article IV Consultation highlights that the Dominican Republic's economy has been one of the most dynamic and resilient in the Western Hemisphere over the last two decades, displaying an impressive recovery from the pandemic, supported by the authorities' sound policies as well as...

This paper investigates the potential impact of extended school days in reducing teenage fertility. We study the Jornada Escolar Extendida program, which doubled the school-day length from 4 to 8 hours in the Dominican Republic, and exploit the geographic and time variation induced by its...

This paper explores the potential growth of Central America and the Dominican Republic after the 2008-2009 crisis to shed light on their 2020 pre-pandemic macroeconomic vulnerability and to ascertain that the observed path is deviating more than before from its potential. Using Hodrick-Prescott...

The Dominican Republic has made significant progress in boosting economic growth and reducing poverty, but it still faces challenges to achieve inclusive and equitable development, increase productivity, and improve the competitiveness and sustainability of primary sectors like agriculture,...

In recent decades, economic growth in the Dominican Republic (DR) has been steady. However, growth has not occurred in such a way as to make the benefits widely and evenly available. In fact, although the DR economy grew faster than that of other LAC countries before the Covid-19 pandemic, its...

Achieving inclusive growth and maximizing poverty reduction in the Dominican Republic requires closing existing gender gaps: from early childhood to working age, and further still into old age. Using a lifecycle approach, this gender Assessment attempts to uncover, better understand, and deliver...

Mangroves provide vital ecosystem services like storm surge protection and carbon sequestration, but their coverage is rapidly declining. This study evaluates an environmental education program in the Dominican Republic, targeting children's attitudes, knowledge, behaviors, and willingness to...

From an empirical-based perspective, this paper explores the influence of intellectual capital factors on the performance of firms in the Dominican Republic. A Likert scale from one to seven was used to capture firms' sensitivity to human, structural and relational capital factors. An...

Background: Annually, more than 379 000 motorcycle occupants across the world die in motor-vehicle collisions-84% of these fatalities occurred in Low- and Middle-Income countries. Recent studies suggest that the Uber's four-wheeler ride-sharing service (UberCAR) may reduce traffic fatalities....

Conditional cash transfer (CCT) programs are widely implemented in developing countries but evidence of their medium- and long-term effects on educational achievements is still relatively scarce. This paper examines the impact of a large-scale CCT program on high school attainment in the...

Invoices document economic transactions and are thus critical to assess tax liabilities. We study a reform in the Dominican Republic that aimed to integrate invoice management into a broader, more comprehensive, risk-based compliance strategy. By rationing authorized invoices based on an extra...

This paper uses a natural field experiment to examine the effectiveness of specific nudges on tax compliance amongst firms and the self-employed in the Dominican Republic. In collaboration with the Dominican Republic’s tax authority, we designed messages for more than 28,000 self-employed...

This paper investigates factors that predict variation in digital and non-digital remittance fees over time and across countries, exploring differences between CAPDR and other regions. The paper fills a void in the literature on how country- and corridor-specific factors relate to remittance...

This 2022 Article IV Consultation discusses that the Dominican Republic's dynamic economy continued to show remarkable resilience to shocks, rebounding strongly from the impact of the pandemic. The recovery has been broad based; gross domestic product was about 5 percent above pre-pandemic levels...

From an empirical-based perspective, this paper explores the influence of intellectual capital factors on the performance of firms in the Dominican Republic. A Likert scale from one to seven was used to capture firms' sensitivity to human, structural and relational capital factors. An...

This paper investigates factors that predict variation in digital and non-digital remittance fees over time and across countries, exploring differences between CAPDR and other regions. The paper fills a void in the literature on how country- and corridor-specific factors relate to remittance...

Over the past four decades and prior to the pandemic, the Dominican Republic (DR) experienced high economic growth rates, which were accompanied by an expansion of the middle class and a significant reduction of poverty rate. During the same period, the country became predominantly urban, and...

Peer reviews of competition law and policy are a valuable tool to reform and strengthen a country’s competition framework. This peer review of the Dominican Republic presents the evolution of its competition regime over the last few years and assesses the effectiveness of its current...

Under BEPS Action 14, members of the OECD/G20 Inclusive Framework on BEPS have committed to implement a minimum standard to strengthen the effectiveness and efficiency of the mutual agreement procedure (MAP). The MAP is included in Article 25 of the OECD Model Tax Convention and commits...

This study combines three rounds of surveys with remote sensing to measure long-term impacts of a randomized irrigation program in the Dominican Republic. Specifically, Landsat 7 and Landsat 8 satellite images are used to measure the causal effects of the program on agricultural productivity,...

The pandemic interrupted a prolonged growth spell that made the Dominican Republic one of the most dynamic economies in the region amid strong growth, macroeconomic stability and improved social outcomes. This built resilience to the shock-including by maintaining access to markets-and allowed a...