Santo Domingo.- Dominican Republic’s growing sea cage fish farming is spearheaded by a new venture in southwest Salinas, Bani, where varieties such as the Florida pompano are sold to supermarkets, hotels and restaurants.
The project of the company Caribbean Seafarms boasts 48 cages, with 10 already producing, around five miles from the Caribbean seashore.
Project director Jean Gagnon, a Canadian, said he set his sights to breed fish here once he became aware of Dominican Republic’s potential,
Seafarms’ estimated 360,000 Florida pompano will yield 6.0 million pounds (2,500 tons) yearly, 95% of which is for export and the company is already eyeing the U.S. and Canada markets.
Quoted by elcaribe.com.do, Gagnon said in Dominican Republic he currently sells the fish exclusively to the supermarkets Nacional and Jumbo, and to several resort hotels and restaurants.
From: Germany, Koblenz, Rheinland-Pfalz
We have an Aquamarine Farm in Azua for so long ago, and it hasn't been taking care of.
It was very productive and of good quality, but there is always a BUT ...
Written by: Atabey, 19 Jul 2012 2:33 PM
From: United States, NYC
Written by: tschotschua, 19 Jul 2012 2:20 PM
From: Germany, Koblenz, Rheinland-Pfalz
We have an Aquamarine Farm in Azua for so long ago, and it hasn't been taking care of.
It was very productive and of good quality, but there is always a BUT ..."
The trick is to force the productive class to export to a diverse number of countries. AS soon as that happens, more interesting areas will open up and past activities taken up with renewed interest.
Export or Die!
Written by: NYGuy35, 19 Jul 2012 2:35 PM
From: United States
You have to pay off the PLD in order for your business to work
From: Germany, Koblenz, Rheinland-Pfalz
At those times, the PLD was dreaming wet of powers, even though he is responsible also (!)
From: United States
blah, blah, blah. first, local market. second, backward linkages from the hospitality industry. last, the export market. export , or die, says Prof Gallistico. nonsense. import substitution, then surplus products for export.
Written by: RonEvane 
, 20 Jul 2012 12:07 AM
From: United States, Gaithersburg, Maryland
What do these "farmed" fish eat, anyone know?
From: Dominican Republic
Imported commercial fish food... As there aren't any local manufacturers.
I would see their main obstacle as the processing and cold storage. 2,500 tons yearly is a lot of fish as these a quite a small species.
"surplus products for export." Dread .. stop making sensible and logical comments as they go way over some peoples heads, have you forgotten it all about profits and paying as little as possible all the way down the line, for workers to taxes etc... Why feed the country first when there's huge profits to made and people to exploit???
Written by: anthonyC, 20 Jul 2012 10:11 AM
From: United States
Written by: RonEvane,
"What do these "farmed" fish eat, anyone know?"
A specially formulated fish meal pellet
From: United States
says stillhere
.. Why feed the country first when there's huge profits to made and people to exploit???
the problem is, stillhere, is that even if you export your food production, the population still has to eat. so, guess what? you end up having to import! you end up becoming a net importer of food, much of which is of lesser quality, and culturally inappropriate. so, we export fish, and import Corn Flakes and Captain Crunch. since the Agreement on Agriculture was drafted by the august Dan Amstutz, who worked for the megacorporation, Cargill, the rules of so called ¨agricultural free trade¨are set up to favor rich nations,and to impoverish the poor ones. look at what happened to the Haitian rice industry, a debacle that Bill Clinton apologized publicly for, taking full blame. exportation is NOT a proxy for development, like some colmado philosophers here like to think. the terms of trade have to be equitable, or the losses will be greater than the gains.
From: Dominican Republic
I was being sarcastic Dread... but thank you for clarifying it for those that believe in "trade or die"..
Or should it be export most of your food to import a lot more and become more indebted to the multinational corps and send the profits back overseas...
Cargill... mmmmm !!
Written by: danny00, 20 Jul 2012 9:35 PM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
import,t export
just hope the guys that work on theses farms dont piss into the cages.
we have shrimp farms in florida they are inforce by by many laws and rules
most people have np use for the farm raised shirmp
and many people dont like to eat the fish that are also farm raised
many markets today have adds that their fish or shrimp are wild caught..
but the good news is that we have the choo choo train, ok! so many stupid and uneducated people in the dr so what we have the merto.
choo choo train.
all aboard.
From: United States
stillhere, iknew you were being sarcastic. i had to clear it up for those who are not sharp enough to see what you meant.
Written by: Atabey, 23 Jul 2012 1:29 PM
From: United States, NYC
Exporters, business groups hail planned Export Development Bank
La Romana Port.
Santo Domingo.- The Dominican Exporters Association (ADOEXPO) joined similar groups and personalities which hail president elect Danilo Medina’s statements on creating the Export Development Bank, to ensure funding for local innovative research projects and clusters.
ADOEXPO president Kai Schoenhals said the initiative would provide Dominican exporters financing at better terms, to successfully compete in foreign markets, providing access to technological tools for growth and efficiency.
He said international markets are increasingly more demanding and competitive, for which efficiency program requires mechanisms in the production and exports processes.
He said the creation of the Export Development Bank would place Dominican Republic in a better position to continue expanding and growing among world markets.
Written by: Atabey, 23 Jul 2012 1:35 PM
From: United States, NYC
Schoenhals asked Medina to take all productive sectors and exporters into account so the result of the creation of this Bank is by consensus."
Perhaps IF YOU ACTUALLY KNEW the state of the export business in DR, you could talk sensibly.
But as some have tried to make you understand, DR has a history of NOT promoting its exports and this has hindered its development and modernization. Yes, the domestic market, but at what efficiency? Like many in Latin america that sort to make it make, Import Substitution, IF NOT INTERNATIONALLY COMPETITIVE will not make when faced with the challenges of the outside or world competitive marketplace. So, if you can establish your business to meet international conditions, THEN YOUR DOMESTIC MARKET will axiomatically be within your business target.
An Export Development Bank is a fundamental part of the Export endeavor and DR is finally realizing its been playing without this important piece of the pie.
From: United States
Atabey reminds me of the guy who shows up at a party in 2012, dressed in Miami Vice clothes, and asks the dj if he has the latest songs from Flashdance. he thinks that he is on the cutting edge of modern thinking, meanwhile the audience laughs. news gets to this guy real late. he is truly behind the curve. he thought that Balaguer missed the boat by passing up on the maquiladora development model. you see, he did not get the news that it was adopted. i wonder what he thinks the free trade zones were put there for. then, he told us that there is no alternative to globalization. he is still to get the news that it is an abject failure, and there is no end to the literature to support that contention. he claimed that Milton Friedman´s prescriptions would be ¨welcome¨in the DR, but did not get the news that they caused a depression, and rioting, in Chile. he had a short romance with Charter Cities, because he had not gotten the news that it was an idea that was ridiculed
From: United States
as being neocoloniast hucksterism. he had another short romance with the ideas of neocon darling Francis Fukuyama, because he did not know that Fukuyama had renounced his views on neoliberralism. news gets to him late, you see. now, he is all agog over free trade agreements. he has not gotten the news that free trade in agriculture is an idea whose time is passed. he rhapsodizes the idea of getting into trade agreemants with large states like the USA, and the OECD countries, because he has not gotten the news that South South trade is the new thinking, because states do better when they trade with states that are their economic equivalents. export, or die, says he. export what? potato chips, or microchips? tell us, prof. we can´t wait to hear how you address the idea of export led growth crowding out assessments.
Written by: josean, 23 Jul 2012 2:30 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
"potato chips, or microchips"
T-Shirt Slogan Alert!
From: United States
i try, Josean
Written by: Atabey, 23 Jul 2012 2:42 PM
From: United States, NYC
First, The offer of 1966 made to Balaguer could have, our elites being wise and sensible modern types, been the transformative moment in our history. As Dominicans-Dready as a Jamaican you don't cut it- we missed a great opportunity back in 1966. But our capitalist class being among the least modern and forward looking among the many like minded elite groupings in Latin America couldn't get their collective heads past dividing the old tyrants pieces.
Second, DR just posponed the inevitable because I guess you didn't get the news that the DR peso was devalued ANYWAY in the 1970s and 1980s.
As for the Charter Cities idea, again old leftist arguments that have little to do with reality. If people want to establish fertile conditions for economic growth and prosperity the ideas in Charter Cities are worthy of discussion. Nationalistic pride and old leftist ideas pollute the scene as Dready so clearly barks his nonsense.
Finally, as for Francis Fukuyama his recent first ad
Written by: Atabey, 23 Jul 2012 2:47 PM
From: United States, NYC
Finally, as for Francis Fukuyama his recent first addition update on Samuel Huntington of Harvard University, 1968 classic, ‘Political Order in Changing Societies.' The reading is far worthier of our attention than anything Dready and his ilk can ever dream of producing. Fukuyama's The Origins of Political Order, has a very interesting chapter on the origins on Latin America's Political Order that all should read and understand. It would do a world of good for people like Dready who try to pass for enlighten thinkers on matters he has barely scratched the surface.
From: United States
poor Atabey. he is so far back in his cave, he does not get news, so, he says this
First, The offer of 1966 made to Balaguer could have, our elites being wise and sensible modern types, been the transformative moment in our history
really, Atabey? did you hear what i said? the same offer of an export led strategy WAS ADOPTED, only later. it came into being when the sugar prices collapsed, and the DR had to turn to the IMF for financing. the DR then started the same plan that Balaguer was offered. that was in the early 1980s, after the 79 hurricanes devastated the economy. what is so difficult to understand? tell us why the same model has not worked wonders for Mexico, for example. what do you think all the industrial parks, all over the DR, are doing? having bachata parties?. no, Atabey...they are making products for export....the export led platform. breathe slowly, and see if it can sink in.
Written by: Atabey, 23 Jul 2012 2:51 PM
From: United States, NYC
Dready, get that Tall glass of Lemon ice tea.
From: United States
says Atabey
It would do a world of good for people like Dready who try to pass for enlighten thinkers on matters he has barely scratched the surface
the only one here trying to pass himself off as educated, is you. you open more threads in the forum than i have opened in my time in this site, and i am member number 4. i do not have tp prove anything to anyone. you do, since you are mentally maladjusted. besides, at least i have scratched the surface. you would not know where to find it.
From: United States
Written by: Atabey, 23 Jul 2012 2:51 PM
From: United States, NYC
Dready, get that Tall glass of Lemon ice tea.
time to get something new. that is pretty lame, old, tired, and threadbare, just like your understanding of the matters before us.
Written by: Atabey, 23 Jul 2012 3:14 PM
From: United States, NYC
Notice how Dready says nothing about:
Exporters, business groups hail planned Export Development Bank
La Romana Port.
Santo Domingo.- The Dominican Exporters Association (ADOEXPO) joined similar groups and personalities which hail president elect Danilo Medina’s statements on creating the Export Development Bank, to ensure funding for local innovative research projects and clusters.
ADOEXPO president Kai Schoenhals said the initiative would provide Dominican exporters financing at better terms, to successfully compete in foreign markets, providing access to technological tools for growth and efficiency."
But what can one expect of someone how's never read a general history of the DR. LOL
Go to school Dready and get some education. Fukuyama's The Origins of Political Order should also be high on your list of readings. Perhaps you'll learn the whys of the Latin american political order of today.
From: Dominican Republic
Hang on... where we not talking about exporting food to then have to import it at a higher price thus growing foreign debt.. while people in the DR go hungry.... ???? We get the copy/paste king thinking he knows more by knowing less and posting about more money to increase debt to export more???
Sorry must be on a different thread...???
From: United States
says the low grade moron , ATABEY
But what can one expect of someone how's never read a general history of the DR. LOL
more than we can expect from someone who cannot read, let alone understand.
From: United States
stliihere, what Atabey knows about economics, and international trade, can fit in a thimble. the guy is so ignorant, it is an embarrassment to read what he posts. he has no clue, whatsoever, about the matter, but thinks he is a whiz kid, because he knows more than his illiterate buddies at the colmado.
From: United States
says the gentleman Schoenhals
ADOEXPO president Kai Schoenhals said the initiative would provide Dominican exporters financing at better terms, to successfully compete in foreign markets, providing access to technological tools for growth and efficiency."
he does not say what we are exporting. if we are exporting primary products, like foodstuff, no amount of low interest financing will make a difference. it is not supply price that matters. it is demand elasticity. the demand elasticity for food is less than unity. that means that if the price falls by 10 percent, the demand rises by far less. so, the producers can actually find themselves in a condition known as Immiserizing Growth, where exporting more, or attempting to, brings about unfavorable terms of trade, and deteriorating economic conditions. if we are going to export manufactured goods, what are we going to export? low tech goods, or high tech? low tech equals low returns. high tech means low value added.
From: United States
that is because we are using other people´s technology. it is far more complex than the birdbrain Atabey thinks it is. for him, just accumulate some capital, and all will be well with the economy.
Written by: Atabey, 23 Jul 2012 9:53 PM
From: United States, NYC
Dready,
Time for that pamper change. El apeste! Try and try as you may, you can not get away from the fact that instituting an import substitution sheme will NOT bring about desired change IF international competitiveness is sacrificed in the process. That's the reason or main reason why IS failed in Latin America: the companies and industries depended on government subsidies.
Go have your late night Lemon Tea, you are in need of more lemon. BTW, get that history book on DR, it just might help you understand, along with some language courses. Has your persona non grata status been lifted in Jamaica? Now there's a country in need of some economic guidance. Wait, that's right, it has gone down the tube for like 50 years or how surprising: the length of Dready's professional life. Could Dready's advice have been partially instrumental in bringing about such lofty economic numbers: 1% GDP growth in the past 40 years?
Written by: Atabey, 23 Jul 2012 9:58 PM
From: United States, NYC
Says the cretin from Jamaica,
"First, The offer of 1966 made to Balaguer could have, our elites being wise and sensible modern types, been the transformative moment in our history
really, Atabey? did you hear what i said? the same offer of an export led strategy WAS ADOPTED, only later. it came into being when the sugar prices collapsed, and the DR had to turn to the IMF for financing. the DR then started the same plan that Balaguer was offered. that was in the early 1980s, after the 79 hurricanes devastated the economy. what is so difficult to understand? tell us why the same model has not worked wonders for Mexico, for example. what do you think all the industrial parks, all over the DR, are doing? having bachata parties?. no, Atabey...they are making products for export....the export led platform. breathe slowly, and see if it can sink in."
Perhaps you don't understand time. The timing of the investments make all the difference. Had the investments come in the late 1960s
Written by: Atabey, 23 Jul 2012 9:59 PM
From: United States, NYC
the economic outcomes would have been far and way more advanced by a decades time. It is not too difficult to understand that with one decade and a half under our belt, DR producers and their foreign investors could extend into other products. By the time DR finally got serious, many more nations wanted and got a piece of the action. Also, unlike the late 1960s, China was a Game changer by the early 1980s. So the DR missed out by not taking the advantageous position of the late 1960s. Many of the "hits" and adjustments would have been taken in the late 1960s, many years before they were forced upon the DR by the low Sugar prices, hurricanes, and other issues associated with the change in economic policy.
To that substantial timing debacle we must not omit the enormous advantageous of setting up modern institution and financing their upkeep and maintenance. A National education system and establishing a minimum 20% of GDP dedicated towards modernization and development.
From: United States
poor little Atabey reads an article on import substitution, and offers this little tidbit
That's the reason or main reason why IS failed in Latin America: the companies and industries depended on government subsidies.
so, Professor, can you tell us why it is that since export led economic strategies have been imposed upon the world by the Washington Consensus, that international per capita growths have been less than the period between 1965 to 1980, when IS was the strategy? i see that you are dabbling, but you do not have the bonafides. go play with your roosters.
From: United States
says Professor Dimwit
Perhaps you don't understand time. The timing of the investments make all the difference. Had the investments come in the late 1960s
can you give us some explanation why, rather than just your usual ramblings and speculation? what were the economic conditions at the time you mention? i mean, even one as slow as you realizes that ELG is entirely dependent on external conditions. so, what was the economic climate at the time? what was the level of preparedness of the DR supply of human capital? you think things work because Atabey thins so? you need some serious economics lessons, Atabey. there is nothing wrong with not knowing the material. what is wrong is when you think you do.
From: United States
Atabey, rather than arguing with an imbecile like you, let me give you a bibliography, so you can try to learn something. skip the calculus....we know you can barely count to ten
1...The Diminishing Returns to Export Led Growth...BECKER.
in order to appreciate the findings, you first need to go and learn what diminishing returns are
2...Overcapacity and the East Asian Crisis...ERTUK
you need to learn what overcapacity is to understand this
3...Export Processing Zones in the Dominican Republic..Transforming Manufactures into Commodities KAPLINSKY
for this one, you need to go read up on the concept of IMMISERIZING GROWTH
4..A New Development Paradigm..Domsetic Demand Led Growth..
5 .Trade Policy and Economic Growth..a Skeptics Guide to Cross National Evidence
6..The Prebisch Singer Deteriorating Terms of Trade Hypothesis
7..Manufactured Exports of Developing Countries and Their Terms of Trade since 1965..SINGER
8..The Rise and Fall of Export Led Growth...
From: United States
when you have read those, i will give you another batch to read. then we can discuss international trade. by the way, read up on the theory of Immmiserizing Growth, by Jagdish Bhagwati, sine it is pivotal to understanding what is going on. this is more complex than cockfighting.
From: United States
says Atabey
Could Dready's advice have been partially instrumental in bringing about such lofty economic numbers: 1% GDP growth in the past 40 years?
yet, despite the 1% growth, it still betters the Dominican Republic in almost every metric of Human Development. as a matter of fact, in the Human Development Index, it is in a HIGHER CATEGORY!!!can you explain that, Don Gallo?
From: United States
Atabey, when do you think that you will be ready to discuss the crowding out effects of export led growth? how do you juxtapose the idea with Keynesian thought on economics?
From: United States
the basic problem with the arguments advanced by Atabey is that they are as simplistic as his mind is. he is very shallow and uneducated, and he suffers from the hallmarks of a guy trying to juggle grenades...playing with something that he does not comprehend. he repeatedly reminds us, or tries to, that if the DR had started with the maquiladora model offered to Balaguer, it would be a caribbean tiger by now. after all, the Asians did it, so why would it not work for us? that is an idea that suffers from an academic concept known as the Fallacy of Composition. it suggests that if something is true for one thing, it will be similar for similar things. so, since if one guy stands up at a baseball game, he will have a better view of the game, then it must follow that if everybody stands up, they will all see better. that is the Atabey idea. so, all the countries that had discouraging results during ISL suffered from the same problems...government intrusion
From: United States
lack of competitive incentive, and rent seeking. no mention is made of the effects of the 1973 OPEC oil price and quantity decisions. similarly, since the Asians made export led growth work for them, it is sure to work for us. after all, things like education policies, development strategies, human capital, proximity to markets, and all the other variables which are determinants of growth, do not matter to him. accumulate some capital, and we are on our way to launching space shuttles. he fails to understand that in the case of ISL, the problems are INSTITUTIONAL, and can be corrected. in ELG, they are STRUCTURAL, and cannot be corrected.
Written by: josean, 24 Jul 2012 12:10 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
Sit Down Atabey the people behind can't see who's batting!
From: United States
questions for Professor Atabey, regarding his flavor of the week, Export Led Growth
1...tell us, great sage, why it is that in 1995, Mexican exports went up by 36.4% over the previous year, but the GDP fell by 6.2%
2..tell us why it is that with your great new paramour, ELG, the following eventuated in the Mexican economy
a,,1983 basic canasta familiar cost 46% of minimum wage
b..1988, same canasta, 81% of minimum wage
c,,,1992...same canasta, 61% MORE than minimum wage
when you have given us the economic reasons for those happenings, we can address social and structural disarticulation in developing country economies, brought about by ELG..
carry on, Prof.
It was very productive and of good quality, but there is always a BUT ...
From: Germany, Koblenz, Rheinland-Pfalz
We have an Aquamarine Farm in Azua for so long ago, and it hasn't been taking care of.
It was very productive and of good quality, but there is always a BUT ..."
The trick is to force the productive class to export to a diverse number of countries. AS soon as that happens, more interesting areas will open up and past activities taken up with renewed interest.
Export or Die!
What do these "farmed" fish eat, anyone know?
I would see their main obstacle as the processing and cold storage. 2,500 tons yearly is a lot of fish as these a quite a small species.
"surplus products for export." Dread .. stop making sensible and logical comments as they go way over some peoples heads, have you forgotten it all about profits and paying as little as possible all the way down the line, for workers to taxes etc... Why feed the country first when there's huge profits to made and people to exploit???
"What do these "farmed" fish eat, anyone know?"
A specially formulated fish meal pellet
.. Why feed the country first when there's huge profits to made and people to exploit???
the problem is, stillhere, is that even if you export your food production, the population still has to eat. so, guess what? you end up having to import! you end up becoming a net importer of food, much of which is of lesser quality, and culturally inappropriate. so, we export fish, and import Corn Flakes and Captain Crunch. since the Agreement on Agriculture was drafted by the august Dan Amstutz, who worked for the megacorporation, Cargill, the rules of so called ¨agricultural free trade¨are set up to favor rich nations,and to impoverish the poor ones. look at what happened to the Haitian rice industry, a debacle that Bill Clinton apologized publicly for, taking full blame. exportation is NOT a proxy for development, like some colmado philosophers here like to think. the terms of trade have to be equitable, or the losses will be greater than the gains.
I was being sarcastic Dread... but thank you for clarifying it for those that believe in "trade or die"..
Or should it be export most of your food to import a lot more and become more indebted to the multinational corps and send the profits back overseas...
Cargill... mmmmm !!
just hope the guys that work on theses farms dont piss into the cages.
we have shrimp farms in florida they are inforce by by many laws and rules
most people have np use for the farm raised shirmp
and many people dont like to eat the fish that are also farm raised
many markets today have adds that their fish or shrimp are wild caught..
but the good news is that we have the choo choo train, ok! so many stupid and uneducated people in the dr so what we have the merto.
choo choo train.
all aboard.
La Romana Port.
Santo Domingo.- The Dominican Exporters Association (ADOEXPO) joined similar groups and personalities which hail president elect Danilo Medina’s statements on creating the Export Development Bank, to ensure funding for local innovative research projects and clusters.
ADOEXPO president Kai Schoenhals said the initiative would provide Dominican exporters financing at better terms, to successfully compete in foreign markets, providing access to technological tools for growth and efficiency.
He said international markets are increasingly more demanding and competitive, for which efficiency program requires mechanisms in the production and exports processes.
He said the creation of the Export Development Bank would place Dominican Republic in a better position to continue expanding and growing among world markets.
Schoenhals asked Medina to take all productive sectors and exporters into account so the result of the creation of this Bank is by consensus."
Perhaps IF YOU ACTUALLY KNEW the state of the export business in DR, you could talk sensibly.
But as some have tried to make you understand, DR has a history of NOT promoting its exports and this has hindered its development and modernization. Yes, the domestic market, but at what efficiency? Like many in Latin america that sort to make it make, Import Substitution, IF NOT INTERNATIONALLY COMPETITIVE will not make when faced with the challenges of the outside or world competitive marketplace. So, if you can establish your business to meet international conditions, THEN YOUR DOMESTIC MARKET will axiomatically be within your business target.
An Export Development Bank is a fundamental part of the Export endeavor and DR is finally realizing its been playing without this important piece of the pie.
"potato chips, or microchips"
T-Shirt Slogan Alert!
Second, DR just posponed the inevitable because I guess you didn't get the news that the DR peso was devalued ANYWAY in the 1970s and 1980s.
As for the Charter Cities idea, again old leftist arguments that have little to do with reality. If people want to establish fertile conditions for economic growth and prosperity the ideas in Charter Cities are worthy of discussion. Nationalistic pride and old leftist ideas pollute the scene as Dready so clearly barks his nonsense.
Finally, as for Francis Fukuyama his recent first ad
First, The offer of 1966 made to Balaguer could have, our elites being wise and sensible modern types, been the transformative moment in our history
really, Atabey? did you hear what i said? the same offer of an export led strategy WAS ADOPTED, only later. it came into being when the sugar prices collapsed, and the DR had to turn to the IMF for financing. the DR then started the same plan that Balaguer was offered. that was in the early 1980s, after the 79 hurricanes devastated the economy. what is so difficult to understand? tell us why the same model has not worked wonders for Mexico, for example. what do you think all the industrial parks, all over the DR, are doing? having bachata parties?. no, Atabey...they are making products for export....the export led platform. breathe slowly, and see if it can sink in.
Dready, get that Tall glass of Lemon ice tea.
It would do a world of good for people like Dready who try to pass for enlighten thinkers on matters he has barely scratched the surface
the only one here trying to pass himself off as educated, is you. you open more threads in the forum than i have opened in my time in this site, and i am member number 4. i do not have tp prove anything to anyone. you do, since you are mentally maladjusted. besides, at least i have scratched the surface. you would not know where to find it.
From: United States, NYC
Dready, get that Tall glass of Lemon ice tea.
time to get something new. that is pretty lame, old, tired, and threadbare, just like your understanding of the matters before us.
Exporters, business groups hail planned Export Development Bank
La Romana Port.
Santo Domingo.- The Dominican Exporters Association (ADOEXPO) joined similar groups and personalities which hail president elect Danilo Medina’s statements on creating the Export Development Bank, to ensure funding for local innovative research projects and clusters.
ADOEXPO president Kai Schoenhals said the initiative would provide Dominican exporters financing at better terms, to successfully compete in foreign markets, providing access to technological tools for growth and efficiency."
But what can one expect of someone how's never read a general history of the DR. LOL
Go to school Dready and get some education. Fukuyama's The Origins of Political Order should also be high on your list of readings. Perhaps you'll learn the whys of the Latin american political order of today.
Hang on... where we not talking about exporting food to then have to import it at a higher price thus growing foreign debt.. while people in the DR go hungry.... ???? We get the copy/paste king thinking he knows more by knowing less and posting about more money to increase debt to export more???
Sorry must be on a different thread...???
But what can one expect of someone how's never read a general history of the DR. LOL
more than we can expect from someone who cannot read, let alone understand.
ADOEXPO president Kai Schoenhals said the initiative would provide Dominican exporters financing at better terms, to successfully compete in foreign markets, providing access to technological tools for growth and efficiency."
he does not say what we are exporting. if we are exporting primary products, like foodstuff, no amount of low interest financing will make a difference. it is not supply price that matters. it is demand elasticity. the demand elasticity for food is less than unity. that means that if the price falls by 10 percent, the demand rises by far less. so, the producers can actually find themselves in a condition known as Immiserizing Growth, where exporting more, or attempting to, brings about unfavorable terms of trade, and deteriorating economic conditions. if we are going to export manufactured goods, what are we going to export? low tech goods, or high tech? low tech equals low returns. high tech means low value added.
Dready,
Time for that pamper change. El apeste! Try and try as you may, you can not get away from the fact that instituting an import substitution sheme will NOT bring about desired change IF international competitiveness is sacrificed in the process. That's the reason or main reason why IS failed in Latin America: the companies and industries depended on government subsidies.
Go have your late night Lemon Tea, you are in need of more lemon. BTW, get that history book on DR, it just might help you understand, along with some language courses. Has your persona non grata status been lifted in Jamaica? Now there's a country in need of some economic guidance. Wait, that's right, it has gone down the tube for like 50 years or how surprising: the length of Dready's professional life. Could Dready's advice have been partially instrumental in bringing about such lofty economic numbers: 1% GDP growth in the past 40 years?
"First, The offer of 1966 made to Balaguer could have, our elites being wise and sensible modern types, been the transformative moment in our history
really, Atabey? did you hear what i said? the same offer of an export led strategy WAS ADOPTED, only later. it came into being when the sugar prices collapsed, and the DR had to turn to the IMF for financing. the DR then started the same plan that Balaguer was offered. that was in the early 1980s, after the 79 hurricanes devastated the economy. what is so difficult to understand? tell us why the same model has not worked wonders for Mexico, for example. what do you think all the industrial parks, all over the DR, are doing? having bachata parties?. no, Atabey...they are making products for export....the export led platform. breathe slowly, and see if it can sink in."
Perhaps you don't understand time. The timing of the investments make all the difference. Had the investments come in the late 1960s
To that substantial timing debacle we must not omit the enormous advantageous of setting up modern institution and financing their upkeep and maintenance. A National education system and establishing a minimum 20% of GDP dedicated towards modernization and development.
That's the reason or main reason why IS failed in Latin America: the companies and industries depended on government subsidies.
so, Professor, can you tell us why it is that since export led economic strategies have been imposed upon the world by the Washington Consensus, that international per capita growths have been less than the period between 1965 to 1980, when IS was the strategy? i see that you are dabbling, but you do not have the bonafides. go play with your roosters.
Perhaps you don't understand time. The timing of the investments make all the difference. Had the investments come in the late 1960s
can you give us some explanation why, rather than just your usual ramblings and speculation? what were the economic conditions at the time you mention? i mean, even one as slow as you realizes that ELG is entirely dependent on external conditions. so, what was the economic climate at the time? what was the level of preparedness of the DR supply of human capital? you think things work because Atabey thins so? you need some serious economics lessons, Atabey. there is nothing wrong with not knowing the material. what is wrong is when you think you do.
1...The Diminishing Returns to Export Led Growth...BECKER.
in order to appreciate the findings, you first need to go and learn what diminishing returns are
2...Overcapacity and the East Asian Crisis...ERTUK
you need to learn what overcapacity is to understand this
3...Export Processing Zones in the Dominican Republic..Transforming Manufactures into Commodities KAPLINSKY
for this one, you need to go read up on the concept of IMMISERIZING GROWTH
4..A New Development Paradigm..Domsetic Demand Led Growth..
5 .Trade Policy and Economic Growth..a Skeptics Guide to Cross National Evidence
6..The Prebisch Singer Deteriorating Terms of Trade Hypothesis
7..Manufactured Exports of Developing Countries and Their Terms of Trade since 1965..SINGER
8..The Rise and Fall of Export Led Growth...
Could Dready's advice have been partially instrumental in bringing about such lofty economic numbers: 1% GDP growth in the past 40 years?
yet, despite the 1% growth, it still betters the Dominican Republic in almost every metric of Human Development. as a matter of fact, in the Human Development Index, it is in a HIGHER CATEGORY!!!can you explain that, Don Gallo?
Sit Down Atabey the people behind can't see who's batting!
1...tell us, great sage, why it is that in 1995, Mexican exports went up by 36.4% over the previous year, but the GDP fell by 6.2%
2..tell us why it is that with your great new paramour, ELG, the following eventuated in the Mexican economy
a,,1983 basic canasta familiar cost 46% of minimum wage
b..1988, same canasta, 81% of minimum wage
c,,,1992...same canasta, 61% MORE than minimum wage
when you have given us the economic reasons for those happenings, we can address social and structural disarticulation in developing country economies, brought about by ELG..
carry on, Prof.