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New York Dominican Republic Strategic Alliance Project Presented by: Dr. Leonel Fernndez President o

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Title: New York Dominican Republic Strategic Alliance Project Presented by: Dr. Leonel Fernndez President o


1
New York Dominican Republic Strategic Alliance
ProjectPresented byDr. Leonel Fernández
President of the Global Foundation for Democracy
and Development March 10, 2003
2
Objectives
  • Construct a two-way bridge between the Dominican
    Community in New York and the Dominican Republic,
    with a permanent and sustainable flow of exchange
    in the areas of education, culture, scientific,
    trade and investment, and professional services.
  • Reproduce the success of the Florida-DR Task
    Force

3
Goals
  • A more dynamic and cohesive Dominican Community.
  • A greater flow of exchange in education,
    technology and trade and investment.
  • Maximize competitive advantages between DR-NY . .
    . Identify these.

4
Topics
  • Immigration and Labor Force
  • Health
  • Education and Cultural Development
  • Sociopolitical Development
  • Economic Development
  • Trade and Investment
  • Remittances

5
Immigration and Labor Force
  • How many are we? How many are citizens?
    Residents? Undocumented?
  • Assess the effects of repatriation on the
    Dominican Society
  • Analysis of the Dominican labor participation in
    the U.S.

6
How many are we?
Source Information facilitated by Marilyn
Ramirez, CUNY-Dominican Studies Institute, City
College, March 2002.
7
Where are we found? . . .
Source Beveridge, Andrew A., Immigrant Advances
in Metropolitan New York, Queens College and
Graduate Center- CUNY, November 21, 2002.
8
Health
  • Exchange through
  • Volunteer Programs
  • HIV Prevention Programs
  • Study-abroad Programs
  • Telemedicine Services
  • Increase Technology Transfer
  • Promote donations to the DR

9
Education and Cultural Development
  • Strengthen academic links between universities in
    the DR and NY
  • Promote research on Dominican issues
  • Establish Scholarship office
  • Create Exchange Programs for students and
    professors, i.e. internships and fellowships
  • Strengthen and expand the Dominican Studies
    Institute (DSI) at City College
  • Develop Summer Program/Summer Camp in the DR and
    NY with emphasis on Dominican history, language
    and culture
  • Promote cultural activities

10
Economic Development Trade and Investment
  • Assess current Trade and Investment flows
  • Create Incentives
  • Carry-out benchmarking to know niche markets
  • Increase exports from the DR to NY- with the help
    of supermarkets and Hunts Point Market
  • Promote Dominican products and franchises
  • Identify obstacles and how to overcome them

11
Exports from NY to RD . . .
Source Office of Trade and Economic Analysis
(OTEA), Trade Development, International Trade
Administration, U.S. Department of Commerce.
12
What does NY export to the DR? . . .
  • Furniture
  • Professional and scientific equipment
  • Automobiles
  • Shoes
  • Clothing and Textiles
  • Electrical equipment

13
NY imports from the DR . . .
Source Unites States International Trade
Commission Website http//www.dataweb.usitc.gov
14
What does NY import from the DR?
  • Professional and Scientific Equipment
  • Clothing and Textiles (sweaters, pants, bras)
  • Jewelry and others
  • Tobacco and derivatives (Cigars)
  • Electronic Equipment
  • Shoes
  • Sugar and byproducts

15
Exports vs. Imports . . .
Source Office of Trade and Economic Analysis
(OTEA), Trade Development, International Trade
Administration, U.S. Department of Commerce
and the Unites States International Trade
Commission Website http//www.dataweb.usitc.gov

16
Economic Development Remittances
  • Assess volume, tendencies and future
  • How to use them in favor of development
  • Reduce costs and facilitate transaction
  • Evaluate its socioeconomic impact on the DR and
    NY
  • Identify obstacles and how to overcome these

17
The numbers in remittances . . .
  • Average money transfer US199.00
  • Average cost of transfer US17.40
  • Percent of average cost of transfer 8.74
  • Percent of GDP 10
  • Percent of Exports 27
  • Growth Rate (2001-2002) 16.9
  • Total money transfers (2002) US2,111 Millones

Source Orozco, Manuel. 2002. Statistical Profile
of Remittances. Inter-American Dialogue.
Multilateral Investment Fund, IADB. Sending
Money Home An International Comparison of
Remittance Markets, February 2003.
18
Average money transfers in Latin America
Source Orozco, Manuel. 2002. Statistical Profile
of Remittances. Inter-American Dialogue.
19
Costs of transferring money to Latin America
Source Orozco, Manuel. 2002. Statistical Profile
of Remittances. Inter-American Dialogue.

20
Sociopolitical Development
  • Assess the political empowerment of the
    Dominicans in the U.S. . . . How to strengthen
    the Dominican Community through the electoral
    system
  • Offer leadership workshops for young potential
    leaders in NY and the DR
  • Create offices in the DR and NY responsible for
    facilitating and channeling donations through
    financial support and reduction of red
    tape/bureaucracy.
  • Create the Dominicorp- (similar to
    Americorp/Peacecorp)
  • Reactivate Sister City Program from the Mayors
    Office

21
Research Areas
  • Immigration and Labor Force
  • Education
  • Trade and Investment
  • Remittances
  • Socioeconomic and political effects of the
    Dominican dispersion within the U.S.
  • The Dominican Constituency (voters)

22
Calendar
  • Feasible within one year period

PHASE 1
PHASE 2
PHASE 3
Jan
Feb
Mar
April
May
Jun
Jul
Sep
Oct
Nov
Dic
Aug
23
Next steps . . . ACTION PLAN
  • PHASE I
  • Create Work Groups
  • Identify work areas, i.e. strengths of each
    institution
  • Assess needs and realistic possibilities in each
    area
  • Establish tangible and measurable goals
  • PHASE II
  • Conduct research and elaborate structure of
    programs
  • PHASE III
  • Publish conclusions
  • Create follow-up commission
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