In several major countries political affiliations have traditionally been split along ethnic lines, provoking social tensions and regular bouts of public unrest. The region remains a key drug trafficking route for narcotics from South america to the US, Canada and Europe. ...With the us and uK economies unlikely to recover strongly anytime soon, this important source of external financing will remain scarce in the months ahead. -- Business Monitor International Ltd www west caribbean Q- ---- Business Environment SWOT analysis strengths In general, the Caribbean enjoys a solid business environment, including a well-educated and (predominantly) english-speaking labour force, good transport and communications links, a strong legal system and a sophisticated financial system. Geographical proximity to the us � by far the region s largest com- mercial and financial partner � is an advantage for local exporters. Weaknesses corruption is an endemic problem across much of the region.
...- Business Monitor International Ltd www poLiticaL risK political risks to remain Low We give the dominican republic a --.- score (out of ---) in our Short-Term Political Risk Rating, ranking -th out of -- Caribbean countries covered in our ratings. President danilo Medina has remained popular despite a series of austerity measures implemented last year aimed at reducing the budget deficit, and no major social protests have taken place. ...In addition, a relatively lower debt burden than most of its Caribbean peers, with debt as percentage of GDP at --.- , also bodes well for economic stability in the Dominican Republic. However, heavy reliance on the tourism sector, as is the case with most countries in the region, leaves the country highly vulnerable to economic downturns in key source markets, such as the US. Business enVironMent telecoms regulator stepping in the dominican republic s administrative court has ordered the country s telecoms regulator, the Instituto Dominicano de las Teleco- municaciones (Indotel), to halt the tender process for frequencies in the ---MHz----MHz, -,---MHz--,---MHz and -,---MHz--,---MHz spectrum bands. the court ordered the suspension as a precautionary measure, until a final judgement is passed over an appeal filed by local businessman armando bermudez. bermudez claims his firm, color Vision, has been granted approval to use frequencies in the -,---MHz- -,---MHz spectrum band since ----. ...all ratings are expressed as a number between one and ---.
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