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Comparative Analysis Between P - School Essays

Comparative Analysis Between P


The first economic evaluation for this class was on the
Commonwealth of Puerto Rico. In keeping with the Caribbean theme,
the country that was selected for comparison was the Dominican
Republic. The policies that will be examined are privatization policies and corporate acquisition/merger policies in the two nations. In order to provide a quality analysis of the two countries’ economic policies, a general description and basic comparisons of the two nations are provided.
Geographically, the Dominican Republic (48,730-sq. km.) is
much larger than Puerto Rico (9,104-sq. km.)[Puerto Rico][Dominican
Republic]. For a more tangible perspective on size, the Dominican
Republic is twice ...

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Republic]. Their birth rates are similar as well
but the Dominican Republic’s is slightly higher.
Culturally they share similar backgrounds. Both countries
have Black and Hispanic origins and the official language spoken in
each is Spanish. They also share Roman Catholicism as their
dominant religion.
There are vast differences in each country’s economy. Puerto
Rico has one of the best economies in the Caribbean; being the only
island in the region where its industrial sector has surpassed the
agricultural sector as the primary source of income. The Dominican
Republic still has heavy emphasis on agriculture and the economy
relies heavily on trade. Tourism is very big and lucrative in Puerto
Rico, and the Dominican Republic has only recently begun to
increase its importance. Puerto Rico has a very strong, reliable and
productive work force while the Dominican Republic fights with both
underemployment and unemployment. Lastly, Puerto ...

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part of the U.S. in 1898 and their people have been U.S. citizens since 1917. Although being an U.S. citizen has great international benefits, there has been a
constant struggle with the U.S. to become independent. It was not
until 1948 that the people of Puerto Rico received the power to elect
their own governor. Although still part of the U.S., Puerto Rico’s chief of state is the President of the United States and everyone is
protected under the U.S. Constitution as well as Puerto Rico’s own
constitution which was adopted in 1952. Since that time Puerto Rico
has become unofficially self-governing.
Businesses that were state owned in Puerto Rico have ...

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PAPER DETAILS
Added: 10/3/2008 06:26:12 AM
Category: Miscellaneous
Type: Free Paper
Words: 4399
Pages: 16

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