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DR growth still up.


The Economic Commission for Latin America Noun 1. Economic Commission for Latin America - the commission of the Economic and Social Council of the United Nations that is concerned with economic development in Latin America  and the Caribbean (ECLAC ECLAC Economic Commission for Latin America & the Caribbean ), in its preliminary overview of the economies of Latin America and the Caribbean 2008, projects that the DR will end 2008 with a 4.5% growth rate; this is the lowest economic growth in the last four years but still ranks higher than some nations in the region, reports DR1 Daily News (Dec. 19, 2008). GDP GDP (guanosine diphosphate): see guanine.  per capita will register a 3% growth rate, according to ECLAC. Foreign direct investment reached US$2.353 billion in Sept. 2008, up 133% from 2007. ECLA ECLA n abbr (= Economic Commission for Latin America) → CEPAL f  warns of a dependency on remittances, which make up 10% of GDP.
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Title Annotation:DOMINICAN REPUBLIC
Publication:Caribbean Update
Date:Feb 1, 2009
Words:105
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