Dominican Republic

Map of the Dominican Republic

Dominican Republic Map

About The Dominican Republic

The Dominican Republic (Spanish: República Dominicana). is a Latin American country located in the Greater Antilles archipelago on the Caribbean island of Hispaniola. It shares a border with the Republic of Haiti, making it one of two Caribbean islands that are split by two countries; the other is Saint-Martin/Sint Maarten. Hispaniola is the second-largest of the Greater Antilles islands, and lies west of Puerto Rico and east of Cuba and Jamaica.

Christopher Columbus landed at Môle Saint-Nicolas on December 5, 1492, and claimed the island for Spain. Nineteen days later, the Santa Maria ran aground near the present site of Cap-Haitien; Columbus was forced to leave 39 men, founding the settlement of La Navidad. Ayiti, which means "mountainous land", is a name that was used by its early inhabitants, the Taíno-Arawak people.

U.S.-DOMINICAN REPUBLIC RELATIONS

The U.S. has a strong interest in a democratic, stable, and economically healthy Dominican Republic. The country's standing as the largest Caribbean economy, second-largest country in terms of population and land mass, with large bilateral trade with the United States, and its proximity to the United States and other smaller Caribbean nations make the Dominican Republic an important partner in hemispheric affairs. The U.S. Embassy estimates that 100,000 U.S. citizens live in the Dominican Republic; many are dual nationals. An important element of the relationship between the two countries is the fact that more than 1 million individuals of Dominican origin reside in the United States, most of them in the metropolitan Northeast and some in Florida.

U.S. relations with the Dominican Republic are excellent, and the U.S. has been an outspoken supporter of that country's democratic and economic development. The Dominican Government has been supportive of many U.S. initiatives in the United Nations and related agencies.

 

Tuesday, January 20, 2009

Welcome to The Dominican Republic

Some Information About the Dominican Republic

The Dominican Republic has enjoyed strong GDP growth since 2005, with double digit growth in 2006. In 2007, exports were bolstered by the nearly 50% increase in nickel prices; however, prices fell significantly in 2008, contributing to a slowdown in GDP growth for the year. Although the country has long been viewed primarily as an exporter of sugar, coffee, and tobacco, in recent years the service sector has overtaken agriculture as the economy's largest employer due to growth in tourism and free trade zones. The global recession, has had a significant impact on GDP growth in the latter half of 2008, as tourism and remittances, two of the Dominican Republic's most important economic contributors, showed signs of slowing.

The economy is highly dependent upon the US, the source of nearly three-fourths of exports, and remittances represent about a tenth of GDP, equivalent to almost half of exports and three-quarters of tourism receipts. With the help of strict fiscal targets agreed to in the 2004 renegotiation of an IMF standby loan, President Leonel FERNANDEZ Reyna had stabilized the country's financial situation, lowering inflation to less than 6% in 2007.

A fiscal expansion was expected for 2008, prior to the elections in May, when President Fernandez was reelected president (next elections to be held in May 2012), and for Tropical Storm Noel ongoing reconstruction was also expected to contribute to helping improve the DR economy. Although the economy was growing at a respectable rate in 2007, high unemployment and underemployment remained an important challenge in 2008 and beyond. The reality of the situation with the DR economy, was that inflation rates in 2008 actually grew to over 11% on average for the first 3 quarters. High food prices, driven by the effects of consecutive tropical storms on agricultural products, and education prices, were significant contributors to the jump. The effects of the global financial crisis and the US recession are projected to negatively affect GDP growth in 2009, with a rebound expected in 2010. Although the economy is growing at a respectable rate, high unemployment and underemployment remains an important challenge.

The Dominican Republic suffers from marked income inequality; the poorest half of the population receives less than one-fifth of GNP, while the richest 10% enjoys nearly 40% of national income. The Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) came into force in March 2007, which should boost investment and exports and reduce losses to the Asian garment industry.

Source for this information is the CIA World Facts Book for the Dominican Republic

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Dominican Republic Beach

English speaking DR taxi drivers are bilingual local individuals who are fluent in Spanish and English, and are trustworthy individuals who are standing by for all your transportation needs. English speaking local taxi cab drivers in the Santo Domingo area are ready to transport you to your dream vacation at the many all inclusive resorts in the Dominican Republic, or to the many golf courses, beaches, parks, scuba diving operators, ferry docks, marinas, businesses, trade zones, industrial districts, fishing docks, embassies, restaurants, hotels, casinos, bars, clubs, taverns, inns, and historical district and sites.

ResortsEnglish speaking DR taxi cab drivers can provide taxi cab service for baseball games, wedding parties, special events, trips to local schools and colleges, shopping junkets, outings, and sightseeing excursions. English speaking taxicab drivers are also available for care and aid groups such as the Red Cross, Habitat for Humanity, and FEMA. DR taxi cab drivers have a customer service attitude that is always striving to exceed your expectations. Cab drivers are local people, who are very courteous, dependable, trustworthy, and are responsible individuals that speak English as their second language. Email us your pickup requirements today, as the schedule typically fills up well in advance of your arrival or departure dates.

If you are already in the Dominican Republic and need a ride now, or tomorrow, or next week, email us with your needs. Many times our English speaking cab drivers can accommodate you on short notice (if a driver is available), as we are alerted to incoming emails and typically someone can call you back quickly if you leave a cell phone number or another call back number in the special requests form. If English is your only language, and you are visiting or living in the Dominican Republic, and would like to have an English speaking taxi driver that you can trust for all your transportation needs, email us now!

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