An examination of the impact of international debt on poverty and development in the Dominican Republic.
Written in 2008; 1,655 words; 4 sources; MLA; $ 53.95
Paper Summary:
This paper discusses the causes of poverty in the Dominican Republic. It specifically looks at the impact of international debt. The paper traces the effect that the debt has on poverty and development in the nation and the impact that this has on the choices available to its citizens. It finally looks at what strategies could be implemented to improve the situation in the Dominican Republic.
From the Paper:
"In order to improve the lives of the people of the Dominican Republic who are suffering under the burden of poverty, it is crucial that the country expand access to critical social services, especially to the rural poor. Doing so, though, will be difficult considering the significant weight of national debt that the country currently bears. With so much of the national GDP focused on the debt, allocating more funds for social services is an unlikely proposition, especially since the general opinion is that only more economic growth will reduce poverty. However, given the positive correlations between poverty and lack of access to social services, it seems evident that expansion of these services, like education and healthcare will improve the situation."
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