Exchange Rates, Remittances and Competitiveness in Haiti (LAC Working Paper 20)
Summary: An IFPRI Latin America and Caribbean working paper of May 2021 by Eugenio Diaz-Bonilla, Flor Paz and Valeria Pineiro, examining how the exchange rate and remittance inflows shape Haiti's competitiveness.
Key Findings
- Links exchange rate movement and remittance inflows to agricultural and trade competitiveness rather than treating them as separate macro questions.
- Records that removing fuel subsidies in July led to price increases of over 50 percent.
- Uses Central Bank of Haiti exchange rate series rather than an external estimate.
- An institutional working paper, not a journal article: IFPRI publishes it as LAC Working Paper 20.
Full Description
An IFPRI Latin America and Caribbean working paper of May 2021 by Eugenio Diaz-Bonilla, Flor Paz and Valeria Pineiro, examining how the exchange rate and remittance inflows shape Haiti's competitiveness. It traces the gourde against the dollar using Central Bank of Haiti data and links currency movement to trade and agricultural competitiveness, including the effect of removing fuel subsidies.
How to cite
International Food Policy Research Institute (IFPRI), 2021, Exchange Rates, Remittances and Competitiveness in Haiti (LAC Working Paper 20), accessed via HaitiDocs, https://www.haitidocs.org/doc/ifpri-2021-exchange-rates-remittances-competitiveness