Haiti—Let's Talk Competition: A Brief Review of Market Conditions

Haiti—Let's Talk Competition: A Brief Review of Market Conditions

World Bank 2016 41 pages
Summary — This World Bank report analyzes market concentration and competition conditions in Haiti, finding highly concentrated markets representing 70% of imports. The study reveals weak competitive conditions that create business risks and likely result in higher consumer prices.
Key Findings
Full Description
This World Bank background paper examines market concentration and competitive conditions in Haiti as part of a Systematic Country Diagnostic. The analysis reveals that Haitian markets face significant challenges due to weak competitive conditions, with highly concentrated markets representing approximately 70% of total imports. The study finds that Haiti's business environment is characterized by high operational risks related to weak competition policies, including price controls and discriminatory treatment against certain firms. According to international competitiveness rankings, Haiti performs poorly compared to countries with similar GDP per capita, with investors perceiving high risks in doing business. Using import data and Herfindahl-Hirschman Index (HHI) analysis, the report identifies that highly concentrated markets (HHI exceeding 2,500) account for around 40% of imports, including petroleum, food, and consumer goods. Moderately concentrated markets (HHI between 1,500-2,500) represent another 30% of imports, covering food, consumer goods, and cement markets. The analysis also reveals concentration of ownership among powerful firms that appear to benefit from preferential treatment such as reduced customs duties. However, the report acknowledges limitations in providing a comprehensive competition assessment due to lack of detailed data on consumer welfare losses, wealth distribution, and the full extent of preferential treatment received by economic groups.
Topics
GovernanceEconomyFinanceTrade
Geography
National
Time Coverage
2011 — 2012
Keywords
competition, market concentration, imports, herfindahl-hirschman index, business environment, preferential treatment, customs duties, economic groups
Entities
World Bank, Ministry of Economy and Finance, Georgiana Pop, Martha Martinez Licetti, Raju Singh, Columbia University, Harvard University, Economist Intelligence Unit, Global Competitiveness Report, Haiti