Haiti Selected Issues and Statistical Appendix - External Competitiveness, Monetary Policy, Revenue Mobilization
- Haiti's real exchange rate appreciation is largely an equilibrium phenomenon.
- Monetary policy could be strengthened by controlling base money.
- Domestic revenues could be raised through tax administration improvements.
- Non-price competitiveness problems constrain growth.
- Capital flows and political risk are important determinants of the real exchange rate.
This IMF country report analyzes Haiti's external competitiveness, monetary policy effectiveness, and options for increasing domestic revenues. The analysis suggests that Haiti's real exchange rate appreciation is largely an equilibrium phenomenon driven by increased transfers. Monetary policy could be strengthened through a two-step approach, focusing on controlling base money and increasing central bank autonomy. Domestic revenues could be raised significantly through carefully sequenced actions on strengthening tax administration, broadening tax bases, and adjusting tax rates.
Selected issues in this volume:
• Overview
• Assessing Haiti’s External Competitiveness
• Monetary Policy in Haiti: Improving Effectiveness
• Revenue Mobilization in a Post-Conflict Environment
• Statistical Appendix
How to cite
International Monetary Fund (IMF), 2007, Haiti Selected Issues and Statistical Appendix - External Competitiveness, Monetary Policy, Revenue Mobilization, https://www.imf.org/external/pubs/ft/scr/2007/cr07292.pdf