Balaguer led the Dominican Republic through a thorough economic restructuring, based on opening the country to foreign investment while protecting state-owned industries and certain private interests. This distorted, dependent development model produced uneven results. For most of Balaguer's first nine years in office the country experienced high growth rates (e.g., an average GDP growth rate of 9.4% between 1970 and 1975), to the extent that people talked about the "Dominican miracle". Foreign, mostly U.S. investment, as well as foreign aid, flowed into the country. Sugar, then the country's main export product, enjoyed good prices in the international market, and tourism grew tremendously.