Foreign Policy Magazine

An ideal nearshoring platform in the Caribbean region

While COVID-19 stalled the Dominican Republic’s bustling economy, especially its tourism, the Caribbean nation remains poised for an economic recovery as the world returns to a sense of post-pandemic normalcy.

The International Monetary Fund (IMF) expects the Dominican Republic to make a robust recovery, and the nation’s new president, Luis Abinader, wants to ensure his nation’s economy is driven by more than tourism. Abinader, 53, has outlined a revitalization plan

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