NewsWhore
01-22-2008, 05:50 PM
Economist Hector Giuliani Cury warns that the government has limited options for the Dominican economy in response to the decreased growth of the US economy. He added that any option would be costly and said that if the government increased its public spending the deficit would go up. He said that another option would be to reduce interest rates in order to discourage the entry of speculative capital, but this wouldn't do much and would go against the current economic model. He added that the final option for the government would be to accept reduced economic growth and an increase in unemployment. Giuliani said that the US's decreased growth would directly affect the DR and that free trade zones would be the first to be affected by this decline.
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More... (http://www.dr1.com/index.html#4)