A lot of people don’t seem to know so much about Haiti and the country’s many prospects, other than the fact that the country has undergone enormous unfortunate climatic events that have plagued its recent history. But even so, Haiti has always produced hard working and enterprising men and women who have set up businesses […]
How the Haitian Crisis Could Have Been a Blessing to Small Businesses Read More »
What is “creating wealth”? The main goal of macroeconomists and policymakers is to create sustainable economic growth and create wealth, which is the process of making the “economic pie” bigger, so that everyone, in theory, can benefit and be better off. Economic growth is the process of a country increasing its productivity and the market
How Haiti Can Create Wealth and Enjoy a More Prosperous Future Read More »
Haiti’s economic and social unrest are not close to ending. The reason is simple: the underlying causes of the trouble have not been resolved. As it turns out, people’s quest for justice is linked to their aspirations for economic development and personal betterment. Something consistently ignored by our leaders, which is a real shame. The
The end of Haiti’s problem is not for tomorrow Read More »
In From Aid to Trade, Daniel presents the pioneering concept of opportunity-based economic development ( OBED). OBED is the idea that both assets and liabilities can be transformed into market opportunities to meet demand profitably. Laying bare the vast opportunity cost of decades of failed aid initiatives, From Aid to Trade explains how NGOs in Haiti can partner
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
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
Women entrepreneurship: A Sure Path Forward for Haiti’s Economy Read More »
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
A Reflection on Haiti’s Economy in 2018: A Snapshot Read More »
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 Reliable Government Institutions Matter in the Fight for Robust Economic Growth Read More »
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
Why Haiti creates more poverty than wealth today. The reason: we are myopic. Read More »
In From Aid to Trade, Daniel presents the pioneering concept of opportunity-based economic development ( OBED). OBED is the idea that both assets and liabilities can be transformed into market opportunities to meet demand profitably. Laying bare the vast opportunity cost of decades of failed aid initiatives, From Aid to Trade explains how NGOs in Haiti can partner
