Created from Youtube video: https://www.youtube.com/watch?v=cO573n0IwCIvideoConcepts covered:External Debt, Dominican Republic, Presidencies, Economic Impact, Good vs Bad Debt
The video discusses the history of external debt in the Dominican Republic, highlighting the significant increase in debt during different presidencies and the impact on the country's economy. It emphasizes how some governments managed debt responsibly while others led to economic downturns despite borrowing, distinguishing between good and bad debt.
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Así va la cosa: De la deuda externa en la Rep. Dom.
Concepts covered:External Debt, Dominican Republic, Presidencies, Economic Impact, Good vs Bad Debt
The video discusses the history of external debt in the Dominican Republic, highlighting the significant increase in debt during different presidencies and the impact on the country's economy. It emphasizes how some governments managed debt responsibly while others led to economic downturns despite borrowing, distinguishing between good and bad debt.
Question 1
What initiated the era of indebtedness in the Dominican Republic?
Question 2
Which president reduced the external debt during their term?
Question 3
What president faced the highest debt to GDP ratio initially?
Question 4
How did Leonel Fernández's debt strategy change in his terms?
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