Friday, February 27, 2004


The Dominican Republic is in the midst of a terrible economic crisis and looking forward to elections in the near future. Victor Canto of the Wall Street Journal says:

The challenge for Dominican leaders is to free themselves from the harmful ideology that holds that income redistribution and the nanny state can make people better off. To stop the flow of Dominicans throwing themselves into the dangerous waters of Mona Passage, the winner of the next election will have to change the country's economic direction. Unfortunately, none of the candidates is signaling a willingness to break from the past.

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