Haiti: Towards Restoration of Growth and Development

This World Bank report examines Haiti's economic challenges in 1991, following a decade of stagnation exacerbated by political instability, population pressure, and declining foreign aid. It argues that restoring growth requires a stable macroeconomic environment, export-oriented agriculture and industry, and tourism development. The report emphasizes the government's role in investing in primary education, basic healthcare, infrastructure rehabilitation, and institutional capacity building. It also highlights the importance of trade liberalization, competition, and addressing institutional weaknesses to improve policy implementation. The report projects medium-term growth prospects contingent on policy changes and external assistance, advocating for fiscal discipline, monetary stability, and sectoral reforms in agriculture, transport, power, water, sanitation, health, and education.