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Home > Haiti Economy > Haiti Economy - Overview Haiti Economy - Overview In this poorest country in the Western Hemisphere, 80% of the population lives in abject poverty, and natural disasters frequently sweep the nation. Two-thirds of all Haitians depend on the agriculture sector, which consists mainly of small-scale subsistence farming. Following legislative elections in May 2000, fraught with irregularities, international donors - including the US and EU - suspended almost all aid to Haiti. The economy shrank an estimated 1.2% in 2001, 0.9% in 2002, grew 0.4% in 2003, and shrank by 3.5% in 2004. Suspended aid and loan disbursements totaled more than $500 million at the start of 2003. Haiti also suffers from rampant inflation, a lack of investment, and a severe trade deficit. In early 2005 Haiti paid its arrears to the World Bank, paving the way to reengagement with the Bank. The resumption of aid flows from all donors is alleviating but not ending the nation's bitter economic problems. Civil strife in 2004 combined with extensive damage from flooding in southern Haiti in May 2004 and Tropical Storm Jeanne in northwestern Haiti in September 2004 further impoverished Haiti.
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 Reil's comment about "Haiti Economy - Overview"
RE: Haiti Economy - Overview Once upon a time, there was an ugly girl. She was short and dumpy, had one leg a bit shorter than the other, and her eyebrows met in the middle. The ugly girl gutted fish for a living, so her hands smelt funny and her dress was covered in scales. She had no mother or brother, no father, sister, or any friends. She lived in a ramshackle house on the outskirts of the village, and she never complained. One by one, the village girls married the local lads, and up the path to the church they'd prance, smiling all the way. At the weddings, the ugly girl always stood at the back of the church, smelling slightly of brine. The village women gossiped about the ugly girl. They wondered what she did with the money she earns. The ugly girl never bought a new frock, never made repairs to the house, and never drank in the village tavern.
Now, it so happened that outside the village, in a great damp swamp, lived an old basket-maker who was famed for the quality of his work. One day the old basket-maker heard a knock on his door. When he opened it, the ugly girl stood there. In her hand, she held six gold coins. The Wicker Husband.
Lisa's comment about "Haiti Economy - Overview" RE: Haiti Economy - Overview Weird! I didn't understand the story ~=~=~=~=~=~=~=~=~=~=~=~=~=~=-
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