
Grupo M's factory at Codevi, near Ouanaminthe
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IMF SPECIAL: THE PLACES THAT FINANCE FORGOT |
It’s an understatement to say that the island of Hispaniola in the Caribbean is one of contrasts. The land mass contains two countries – the Dominican Republic and Haiti.
The former has been one of the fastest growing economies in Latin America for 20 years – GDP growth averaged around 5% during that period – and it has a strong business and finance community.
The international investmentcommunity has followed its international bond deals down in yields, out in tenors and even into local currency-denominated transactions.