Spring break. Images of beaches, bikinis, and maybe a fleeting sunburn cross our minds. But beyond the fun, this annual student craze unleashes a surprising ripple effect on the economy.
The Dominican Republic is usually known as the country leading the tourism industry of Latin America. However, that’s not necessarily the entire picture as the Dominican Republic is increasingly boosting its other sectors such as mining, finance, telecommunications, and infrastructure. Foreign direct investment flowing into the country allows this growth to be sustainable and continue into the future. There are many business factors that provided the foundation for the Dominican Republic’s growth in these various sectors.
