IDB study analyzes productive structure of countries in order to identify strategies for economic reactivation.
According to the most recent annual economic report published by the Inter-American Development Bank (IDB) for the region “Opportunities to boost production, employment and value chains”, the agricultural, construction, and tourism sectors drive the rest of the production by about 20% more than the average compared to other economic activities.
The new IDB study identifies the sectors with the greatest potential to generate jobs and growth in the countries of Central America, Mexico, Panama, and the Dominican Republic.
The report highlights that the increase in production in the agribusiness, construction and tourism sectors presents important opportunities to reactivate the economy during 2023, thanks to the significant number of inputs they demand from the rest of the sectors and the weight they represent in these countries, with an average of 22% of the region’s production. according to the study.
In the case of the Dominican Republic, the study points out that energy and water also have an above-average effect.
It points out that the sector that generates the most employment by increasing its production by one million dollars is agriculture, forestry, and fishing, followed by commerce, education, health and tourism, all above the national average.
It points out that the tourism sector has a high productive chain with the rest of the economy, higher than the average of sectors.
It points out that the tourism sector has a high productive chain with the rest of the economy, higher than the average of sectors.
Source:
Hoy