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Will the good times roll on?

Will the good times roll on?

November 1, 2001
The country's free zones have created 200,000 jobs and an export boom, but are now trying to stay out of the chill winds from a US downturn.

Dominican Republic

Perhaps nothing has been quite so important to the Dominican Republic's economy over the past two decades as its ever increasing number of free zones - industrial parks where anything from shoes to cigars is manufactured or assembled for export under a highly favorable tax regime. The country's 46 free zones, now joined by another opened in mid-October by President Hipólito Mejía, produced exports worth almost $4.8 billion last year, up from $3.1 billion in 1996. That represents 83% of tota

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