Technology and Innovation in Haiti: Recognizing the Challenges and Taking Advantage of the Opportunity
Technology and innovation in Haiti offer a plethora of opportunities for growth for Haiti, the small-island nation state in the Caribbean. When one hears the word innovation, the first thought might be of Uber, patents, big-budget R&D departments, and/or creating cool, new products that makes people’s lives easier. However, OECD (2005) gives a comprehensive take […]
Women entrepreneurship: A Sure Path Forward for Haiti’s Economy
History books in Haiti and all over the world will forever bear pages of the events of the January 12th, 2010 earthquake that changed how the world looked at Haiti and her people. Almost a decade later, Haiti is still a stark difference to what the media has fed the world. We’ve heard that the […]
A Reflection on Haiti’s Economy in 2018: A Snapshot
As we turn the page to a new year and we struggle to remember to turn our 8s into 9s, it is important to look back at what happened in Haiti in 2018. There was some good, some bad, and some lessons to be learned economically and politically that we can use to change Haiti into a […]
Why Reliable Government Institutions Matter in the Fight for Robust Economic Growth
In a recent post, I discussed how Haiti can create wealth and enjoy a more prosperous future. I touched on why economic growth and creating wealth is the primary goal of economists and policymakers and how Haiti can create economic growth. It is not really a point of contention that economic growth and wealth creation isn’t good […]
Why Haiti creates more poverty than wealth today. The reason: we are myopic.
In my last article, ‘The end of Haiti’s problem is not for tomorrow’, I explained how Haitians are poor today. It was very easy to explain because Haitians gave birth to 152,210 babies in 2018 at the same time the growth of GDP in nominal terms was $126 million. 1.5% GDP growth vs 1.31% the population […]
How Foreign Aid Has Helped in Keeping Poor Countries Poorer
Over the years and as much as the figures have shown, several developed countries seem to have taken it upon themselves to reach out to the poor countries with relief materials and support of other forms. In 2017 alone, the United States government budgeted over 42 billion USD for foreign aid purposes, most of which […]
A gift of what really matters: Self-Sustainability
Christmas is the season of joy, gifts and happiness. Christmas gives us the opportunity to take a break and reflect on the important things around us. Christmas is the tenderness of the past, the courage of the present and the hope for the future, says Agnes M. Pahro. Many Christians struggle. They often mix donation and […]
Haiti Aid – What the Media Didn’t Tell You!
In the wake of January 12, 2010, a massive earthquake occurred in Haiti. There was a huge crash in the economic activity of the country. They lost over 8 billion dollars as their GDP (gross domestic profit) which impacted negatively on both small and large businesses in the country. Foreign aid flew in mass from developed […]