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Article: Dominican Republic. (Country Profile).
- Article from:
- New Internationalist
- Article date:
- March 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 New Internationalist Magazine. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The brand-new 27-storey Acropolis tower is the latest addition to the rising skyline of Santo Domingo, the Dominican Republic's capital. Headquarters to the US giant Citibank and a cluster of other financial firms, the building looms over a glitzy 20,000-square-metre shopping mall in which consumers are tempted by fashion and jewellery stores as well as a dozen fast-food outlets. The complex dominates the modern commercial district, an area where luxury-car showrooms and US-style supermarkets testify to the Dominican Republic's recent economic 'miracle' and its fledgling consumer culture.
For most of the 1990s the Dominican economy outstripped the rest of Latin ...