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Introduction

According to the preliminary numbers, estimated with the new method of calculation of the gross domestic product (base 1991), the economy of the Dominican Republic showed a growth of 5.3%, reflecting the slowdown that began during the second half of 2008. Since 2005 the Dominican economy showed a rate of growth, with an average of 9.5% yearly, which placed the Dominican Republic as one of the countries with the highest economic growth in the Latin America area.

These results can be considered satisfactory, acknowledging the hostile international environment prevailing during 2008, characterized by a series of complex economic phenomena, unpredictable and unprecedented, gravitated to the economy, such as the international financial crisis, the high international prices of primary commodities and oil, the latter reaching its highest historical peak and then declining sharply. These developments, among others, led to the strongest economies in the world to declare recession.