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Economic informality in the Dominican Republic and its social impact

World 1 source 1 country 🔦 Under-reported 45m ago

The informal economy in the Dominican Republic represents a significant socio-economic paradox for the nation. It serves as a primary mechanism for survival and a platform for entrepreneurial activity and social mobility for millions of citizens who operate outside of formal structures.

Despite its role in sustaining a large segment of the population, the informal sector creates substantial social and fiscal vulnerabilities. Experts and observers suggest that these systemic challenges can no longer be overlooked, highlighting the need for the country to address the long-term implications of this economic model.

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Read the full story at the source Diario Libre (Santo Domingo, Dominican Republic) · DO
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