Haiti Selected Issues - Dollarization, External Debt and HIPC, Trade Liberalization, Poverty
- Dollarization in Haiti is driven by inflation expectations, interest rate arbitrage, and immigration.
- Haiti's external debt is manageable compared to other poor countries due to grants and debt relief.
- Trade liberalization has lowered food costs but requires structural reforms for broader benefits.
- Poverty in Haiti is rooted in political instability, weak governance, and lack of investment in human capital.
This Selected Issues report on Haiti, prepared by a staff team of the International Monetary Fund, presents a set of chapters that examine various topics of current interest in Haiti. The report provides an overview of deposit and loan dollarization in Haiti, which has been the result of inflation and depreciation expectations, interest rate arbitrage, the use of monetary policy instruments, prudential regulations, and immigration. It also provides an overview of the external debt situation of Haiti in the light of bilateral and multilateral support during the last decade and debt relief under the auspices of the Paris Club. The report reviews Haiti's trade regime and trade reforms, and examines the causes of poverty in Haiti and analyzes the education, health, and environment sectors.
Selected issues in this volume:
• Overview
• Deposit and Loan Dollarization in Haiti
• External Resource Flows, Debt, and HIPC Eligibility
• Trade Liberalization in Haiti
• Poverty and Social Policies
How to cite
International Monetary Fund (IMF), 2001, Haiti Selected Issues - Dollarization, External Debt and HIPC, Trade Liberalization, Poverty, https://www.imf.org/external/pubs/ft/scr/2001/cr0104.pdf