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Haiti - Towards a new narrative : systematic country diagnostic (English)

Haiti has a vision to become an emerging economy by 2030. Haiti’s geography, resources, and history provide it with opportunities. The country has comparative advantages, including its proximity and access to major markets; a young labor force and a dynamic diaspora; and substantial geographic, historical, and cultural assets. Areas of economic opportunity for Haiti include agribusiness, light manufacturing and tourism. Building on these opportunities, the Government of Haiti issued in May 2012 a Strategic Development Plan (PSDH), aiming at building a new modern, diversified, resilient, competitive and inclusive economy, respectful of its environment and in which people’s basic needs are met. This objective will require ambitious double digit growth rates, a significant break from the past, based on an expansion of agriculture, construction, manufacturing, and tourism. This Systematic Country Diagnostic seeks to identify the most important constraints to and opportunities for inclusive and sustainable growth in Haiti. To identify the key constraints to Haiti’s growth and shared prosperity, an extensive review of the literature (from both within and outside the World Bank) was first carried out. Economic and sector work on Haiti produced in 1980s and the early 1990s had already identified most of the country’s challenges and demonstrated that better functioning institutions, stronger human capital, and improvements in infrastructure were all needed for Haiti’s economic growth and shared prosperity. Rather than listing these again, this report attempts to provide some prioritization and identify the most binding constraints, both quantitatively and through a series of consultations with stakeholders and the country team.

Details

  • Document Date

    2015/05/01

  • Document Type

    Systematic Country Diagnostic

  • Report Number

    97341

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Haiti,

  • Region

    Latin America & Caribbean,

  • Disclosure Date

    2015/06/17

  • Disclosure Status

    Disclosed

  • Doc Name

    Haiti - Towards a new narrative : systematic country diagnostic

  • Keywords

    business risk;lack of transparency and accountability;political instability;vulnerability to natural disasters;primary health care services;real effective exchange rate;legal and regulatory framework;Targeting in Social Protection;access to basic service;life expectancy at birth;investment in human resources;project design and implementation;economic and sector work;institution need;Growth and Shared Prosperity;public investment management;international oil price;Rule of Law;extreme poverty;targeted social program;degree of concentration;per capita consumption;remote rural area;high growth rate;source of employment;accounting and reporting;Public Expenditure Management;local social networks;cost of electricity;obstacles to growth;private sector activity;constraints to growth;Check and Balances;fast economic growth;effect of aid;electric power consumption;working age population;flood prone area;central government fiscal;world health organization;consultations with stakeholders;characteristics of poor;chamber of commerce;current account balance;protection from risk;import of goods;price comparison analysis;preferential market access;lack of alternative;primary school student;increase in income;burden of taxes;local water committee;literacy and numeracy;lack of competition;disaster risk management;urban informal sector;areas of work;donor to donor;risk management strategy;access to finance;supply of electricity;private property right;operations and maintenance;means of transportation;construction and operation;Access to Electricity;quality of transport;current account deficit;control of corruption;private sector actors;household and individual;frequent power cuts;vested interests;human capital;macroeconomic environment;social contract;Labor Market;tax system;fiscal reporting;economic elite;Public Services;Public Spending;binding constraint;import quota;political stability;fiscal revenue;state capacity;Fiscal policies;fiscal policy;common feature;adult population;export earnings;high concentration;political support;labor income;food need;civil society;Emerging economies;Political Violence;emerging economy;Macroeconomic Stability;developmental needs;business environment;comparative advantage;budget constraint;cultural asset;light manufacturing;capital expenditure;treasury account;long-term financing;sectoral strategy;public resource;product market;household survey;household income;concessional financing;increasing share;fiscal regime;limited resources;income growth;Equal Opportunity;

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Citation

Haiti - Towards a new narrative : systematic country diagnostic (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/319651467986293030/Haiti-Towards-a-new-narrative-systematic-country-diagnostic