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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 acquisitionmerger 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 48730-sq km is much larger than Puerto Rico 9104-sq kmPuerto RicoDominican Republic For a more tangible perspective on size the Dominican Republic is twice the size of New Hampshire and Puerto Rico is less than three times the size of Rhode Island Puerto RicoDominican Republic The two nations are climatically identical They both have tropical marine climates with little seasonal temperature changes The two also have natural resources of metals with Puerto Rico having the potential for oil mining The Dominican Republics population over 7 million is bit less than double the amount in Puerto Rico about 38 millionAge StructureDominican Republic Their birth rates are similar as well but the Dominican Republics 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 countrys 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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