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…
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 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…
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…
Foreign aid is not the Answer: What the World can Learn from Haiti
As the earthquake rocked the country and destroyed lives from the root, the global community rushed in swiftly to help a crushed nation; rough estimates suggest that over three hundred thousand lives were lost to the earthquake and about twelve billion dollars pledged with a…
5 Things Aid Agencies should do to help job creation in Third World Economies
Foreign aid has increasingly become part of modern-day reality. The interconnectedness between various continents and countries of the world have made it more prevalent in today’s world. Especially as resources are not evenly produced and distributed among countries, and countries aren’t evenly developed. Foreign aid…
How Foreign Aids Kills The Local Economy
The world as we know it is ever changing. Every passing second, we hear cases of earthquakes, tsunamis, terrorism, and even man-made disasters wreaking enormous havoc in developed and developing countries. We see homeless children on our TV screens, our tablets, on Facebook, Twitter and…
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