Haiti, Dominican Republic: More Than the Sum of Its Parts
Summary — This report examines the economic relationship between Haiti and the Dominican Republic, focusing on trade, migration, and the impact of the 2010 earthquake. It analyzes the potential for increased cooperation and integration to improve development prospects in both countries.
Key Findings
- Bilateral trade between the Dominican Republic and Haiti has strengthened, but the effects are asymmetrical.
- Haiti's capacity to sustain high import levels depends on foreign aid and remittances.
- Increased trade integration faces structural limitations due to the low similarity of their respective trades.
- Migration from Haiti benefits the Dominican Republic by providing a young, low-wage workforce.
- Remittances from the diaspora significantly contribute to poverty reduction in Haiti.
Full Description
This economic memorandum analyzes the bilateral relationship between Haiti and the Dominican Republic, focusing on trade, migration, and the economic effects of different reconstruction scenarios following the January 2010 earthquake. It highlights the historical similarities and cultural connections between the two countries, while also acknowledging the significant differences in their levels of development. The report aims to provide data and analysis to inform discussions and policies aimed at improving socioeconomic development on both sides of the island of Hispaniola, emphasizing the need for public debate and well-founded policies in the context of the ongoing reconstruction efforts in Haiti.