Premium Essay

Haiti: Lending Institutions, Health Care, and Human Capital

In:

Submitted By xlewis24
Words 1547
Pages 7
Haiti: Lending Institutions, Health Care, and Human Capital
SOC 300
5 March 2015

Haiti: Lending Institutions, Health Care, and Human Capital Due to capital limitations, most governments, particularly in the developing nations borrow funds from their bilateral friends and organizations such as World Bank and International Monetary Fund (IMF) in earnest to enable them pursue development projects, and sometimes to correct balance-of-payment deficits. Nevertheless, such governments must adhere to some outlined conditions that are spelt out in the article of agreement in order for them to secure the loans; otherwise, the loans are withheld (White, 2012). Equally, a healthy population significantly contributes to economic development of a nation in various ways. This paper outlines how Haiti, one of the developing states, has used loans and grants for development. In addition, the paper outlines how a healthy population affects Haiti’s economic development.
How Funding from IMF and World Bank and Other Financial Institutions Affects Haiti’s Economic and Political Development Since her independence up to date, Haiti remains to be heavily indebted because the country borrows from World Bank, IMF, bilateral friends, and from regional banks such as IADB. By June 2009, Haiti’s debts totaled to $1.2 billion (Frankema & Masé, 2014), whereby most of these debts are taken with an aim of funding development projects and correcting her balance-of-payments. However, the funds are never directed to the intended purpose, since they are misused and embezzled by corrupt government officials and military regimes who have been ruling the country (Frankema & Masé, 2014). For instance, it is estimated that $900 million had been borrowed by Baby Doc, one of the former dictators, before leaving the country (Frankema & Masé, 2014). As a result of the country being

Similar Documents

Free Essay

Southland

...GENDER ASSESSMENT USAID/HAITI June, 2006 This publication was produced for review by the United States Agency for International Development. It was prepared by DevTech Systems, Inc. GENDER ASSESSMENT FOR USAID/HAITI COUNTRY STRATEGY STATEMENT Author: Alexis Gardella DISCLAIMER The author’s views expressed in this publication do not necessarily reflect the views of the United States Agency for International Development or the United States Government. 2 Gender Assessment USAID/Haiti TABLE OF CONTENTS Page Acknowledgements Acronyms Executive Summary 5 6 7 1. GENDER DIFFERENTIATED DEVELOPMENT INDICATORS 1.1 Demographics 1.2 Maternal Mortality 1.3 Fertility 1.4 Contraceptive Use 1.5 HIV Infection 1.6 Education 1.7 Economic Growth 1.8 Labor 1.9 Agriculture and Rural Income 1.10 Rural and Urban Poverty 1.11 Environmental Degradation 9 10 11 12 2. GENERAL OVERVIEW OF GENDER IN HAITIAN SOCIETY 2.1 Status of Haitian Women 2.2 Haitian Social Structure: Rural 2.2.1 Community Level 2.2.2 Inter-Household Level 2.2.3 Intra-Household relations 2.2.4 Economic Division of Labor 2.3 Economic System 2.4 Urban Society 13 3. ONGOING USAID ACTIVITIES IN TERMS OF GENDER FACTORS OR GENDER-BASED CONSTRAINTS 3.1 Sustainable Increased Income for the Poor (521-001) 3.2 Healthier Families of Desired Size (521-003) 3.3 Increased Human Capacity (521-004) 3.4 Genuinely Inclusive Democratic Governance Attained (521-005) 3.5 Streamlined Government (521-006) 3.6 Tropical Storm Recovery Program...

Words: 23601 - Pages: 95

Premium Essay

Sir Fazle Hasan Abed

...Introduction Sir Fazle Hasan Abed is a social worker and the founder and chairman of BRAC, the largest NGO in the world. Fazle Hasan Abed was born in 1936 into a landed family in Baniachong in Bangladesh’s Habiganj district. Fazle Abed's father and his three uncles were adopted by Syed Shamsul Huda, who was one of the most influential personalities in Calcutta. Under Syed Shamsul Huda's direction, Fazle Abed's father Syed Mustafa Ali and his three uncles received education from the prestigious St. Xavier's College, Calcutta. However Fazle Abed's family moved out of Calcutta and he matriculated from Pabna Zilla School and went on to complete his higher secondary education from Dhaka College. Then He left home to attend Glasgow University, where, and in an effort to break away from tradition and do something radically different - he studied Naval Architecture. Later he joined the Chartered Institute of Management Accountants in London. The 1971 Liberation War of Bangladesh had a profound effect on him, then in his thirties, a professional accountant who was holding a senior corporate executive position at Shell Oil. The war dramatically changed the direction of his life; he left his job and moved to London to devote himself to Bangladesh's War of Independence. There, he helped to initiate a campaign called "Help Bangladesh" to organize funds to raise awareness about the war in Bangladesh. Fazle Hasan Abed, the founder and chairperson of the world's largest NGO, he is...

Words: 7600 - Pages: 31

Premium Essay

World Bank and Developing Countries

...earth by the year 2030 (www.worldbank.org). The World Bank has been helping many developing countries to fight against diseases such as AIDS, Tuberculosis, and Malaria in many parts of the world (Clark, 2011). The World Bank is offering financial help for several programs to help with agriculture, transportation, infrastructure, and irrigation in many South Asian countries to reduce poverty. There has been so much controversy about the activities of the World Bank. Even though the main mission of the World Bank is to alleviate poverty from the face of the earth, there has been severe criticism that the World Bank is changing its focus to financial policy reforms and structural adjustments. The World Bank as an international financial institution has done so much to help numerous developing countries when they are in financial crisis or needed help to undertake a major development project. Regardless of the criticism and corruption accusations, this author believes that the World Bank is in the right direction by providing basic reforms and structural adjustments in order to alleviate poverty. If the World Bank just donated billions of dollars to a developing country without any concrete objective, that money might be used for gaining political advantages. For this research, this author has used resources from Fresno State University Library, Liberty University online Library, Clovis Public Library, and many online search engines. This paper will briefly describe the history,...

Words: 7437 - Pages: 30

Premium Essay

Economic Development Perspective of Philippines

...over time with a view to seeking development. In course of time it has adopted a wide variety of economic policies, many of which had long term effects (both positive and negative impacts) on the lives of its people. The crucial policies that the government of the country adopted over time are – Fiscal policy, Monetary policy, Income distribution strategy, Government policy, Tax policy, Trade policy, etc. The impacts of these policies have had widespread effects on various macroeconomic variables of the country. Various surveys and reports show that the economic growth has not been as expected. Growth of the variables has gone at a slow pace. GDP increases over time but with a high fluctuating rate. Rate of educated people, standard of health care, standard of living have improved but it is still poor in comparison with other countries of the region. It is one of the countries whose economy is based on agriculture. A huge portion of the country’s GDP comes from agriculture. But yet it has some major constraints due to what it is still facing some problems and fails to have that much development. Natural calamities are a fact to mention as one of the major constraints in way of agricultural development. It is natural that limitations or constraints appear in the way of development. But achieving success needs to address these constraints properly and the way of their elimination. The main constraints...

Words: 23470 - Pages: 94

Free Essay

Caribbean Studies Notes

...caribbean studies notes MODULE ONE LOCATION AND DEFINITION OF THE CARIBBEAN REGION Definition of the Caribbean Region Geographical This describes the area washed by the Caribbean Sea and is often described as the Caribbean Basin. It would therefore include most of the islands of the Lesser Antilles, Greater Antilles as well as the mainland territories in Central America (Costa Rica, Belize, Panama, Honduras) and Northern South America such as Columbia and Venezuela. The common link here is the Caribbean Sea. Geological There are deep seated structural features of Caribbean geology which also identifies commonalities. It is the area that is defined by the Caribbean Plate and which experiences similar tectonic, seismic and volcanic features and processes. Historical It describes the area that saw the impact of European colonization, slavery, indentureship and the plantation system. this refers to all the territories so that one way of defining the Caribbean is to identify those countries that experienced the rule of specific European countries. Thus the Caribbean may be defined as being broken up into the English, French, Dutch and Spanish speaking countries and territories. Political In the Caribbean at least three types of governmental systems are found. They include Independent States, Associated States and Colonial Dependencies. CHARACTERISTICS OF SOCIETY Society Society is a collection of people occupying a defined geographical...

Words: 9332 - Pages: 38

Premium Essay

How to Do Country Analysis?

...decisions Country analysis is useful for: * Investors in the financial market * Companies intending to set up a subsidiary * Companies wishing to enter a new market * People wishing to reside in the country Factors Considered in a Country Analysis A country analysis is often conducted through country reports researched by professional government or independent firms, such as the Economist Intelligence Unit, World Bank and Organization for Economic Cooperation and Development (OECD). Some of the data points considered in a country analysis are: Economic Indicators: Indicators such as gross domestic product (GDP), consumer price index (CPI), inflation rate and producer price index (PPI) help in gauging a country’s economic health. High GDP growth, low inflation and high CPI are favorable for companies and investors. These indicators also reflect job availability and standard of living in the country. Government Policy: Governments often introduce policies and programs to promote the growth of certain industries. Favorable government policies (such as subsidies and tax rebates) attract multinational and domestic companies. Industry Association Support: An industry association not only works towards enhancing opportunities, but also lobbies the government for easing regulations. Financial Markets: The extent of regulations, liquidity and volatility determine how reliable the financial markets in a country are. The...

Words: 9826 - Pages: 40

Free Essay

Environmental Racism

...Racism 2 In this current disenchanted world, there is no meaningful order of things or events outside the human domain. When the forests and the farms are no longer considered sacred and the spirits we tempted with food and sacrifice have no mysterious risks associated with the systematic rape of mother Earth. Then a disenchanted nature is no longer alive. The living Earth commands no respect, reverence or love. It is nothing but a giant machine, to be mastered to serve human purposes. The animists(1) took care of this planet on up to the last few hundred years. As man accidentally discovers the beginnings of commerce that opens the doors to an industrial nation, then an industrial world will soon discover industrial waste. Whether the notion that a mountain or a tree is to be regarded as a person is taken literally or not, the attempt to engage with the surrounding world as if it consists of other people might possibly provide the basis for a respectful attitude towards living things. If your disenchantment is over the environmental problems and destruction, then the environmental racism byproduct can be regarded as an attempt to reveal to you that we are part of the world collective and that we are in a sense, the world itself. Environmental racism(2) is one of the biggest problems the world faces today. Issues created by corporate polluters produce trouble in the form of economic, as well as, physical. For some individuals and cultures, it affects them every...

Words: 11347 - Pages: 46

Free Essay

Microbio

...ANALYZING TECHNOLOGY ADOPTION: CHALLENGES AND LIMITATIONS OF MICRO-STUDIES Cheryl R. Doss Yale University Cheryl Doss Yale Center for International and Area Studies P.O.Box 208206 New Haven, CT 06520-8206, USA 203-432-9395 (office) 203-432-9886 (fax) Cheryl.Doss@yale.edu 2 Abstract: Although the questions about the use of improved technologies in developing country agriculture have expanded to include the roles of policies, institutions and infrastructure, most micro-level adoption studies can not address these important policy issues. Drawing on an extensive review of the literature on the adoption of agricultural technologies, this paper suggests alternative approaches for designing technology adoption studies to make them useful for policy makers. It explores the generic limitations of cross-sectional adoption studies carried out in small number of communities and discusses the problems faced in conducting such studies. Recommendations include the use of sampling approaches that allow data from micro-studies to be generalized to higher levels of aggregation, adherence to clearly defined terms that are standardized across studies, and carefully examining the assumptions that often underlie such studies. In addition, the use and interpretation of proxy variables for the policy variables are discussed. Keywords: agricultural technology, adoption 3 ANALYZING TECHNOLOGY ADOPTION: CHALLENGES AND LIMITATIONS OF MICRO-STUDIES 1. Introduction For most of the world’s poorest countries...

Words: 12471 - Pages: 50

Free Essay

Labour Standards

...been adopted by major development agencies, and are supported by NGOs. They express the conviction that it is possible to improve substantially the living conditions and opportunities of the world’s poor over the coming decade. The MDGs can be achieved only if poor people themselves are involved in the decisions which affect their lives. They should therefore have the freedom to organise themselves in associations which promote their interests in the societies in which they live. They should not be subject to forced labour, or suffer from discrimination in the labour market. They should be able to maintain their livelihoods without having to make their children work rather than go to school. An essential part of poverty elimination is those human rights known as core labour standards: freedom of association and the right to free collective bargaining; elimination of all forms of forced or compulsory labour; effective abolition of child labour; and elimination of discrimination in respect of employment and occupation. This paper is about the contribution that labour standards, well designed and implemented, can make to reducing poverty. Core labour standards are fundamental rights and freedoms that everyone should enjoy. The global system of setting and maintaining labour standards, under the leadership of the International Labour...

Words: 16550 - Pages: 67

Premium Essay

Promises Not Kept

...THE END of POVERTY Economic Possibilities for Our Time JEFFREY D. SACHS THE PENGUIN PRESS N E W YORK 2005 THE PENGUIN PRESS Published by the Penguin Group Penguin Group (USA) Inc.. 375 Hudson Street. New York, New York 10014, U.S.A. Penguin Group (Canada), 10 Alcorn Avenue, Toronto, Ontario, Canada M4V 3B2 (a division of Pearson Penguin Canada Inc.) Penguin Books Ltd, 80 Strand, London WC2R ORL, England Penguin Ireland, 25 St. Stephen's Green, Dublin 2, Ireland (a division of Penguin Books Ltd) Penguin Books Australia Ltd, 250 Camberwell Road, Camberwell, Victoria 3124, Australia (a division of Pearson Australia Group Pty Ltd) - Penguin Books India Pvt Ltd, 11 Community Centre, Panchsheel Park, New Delhi-110 017, India ' Penguin Group (NZ), Cnr Airborne and Rosedale Roads, Albany, Auckland 1310, NewZealand (a division of Pearson New Zealand Ltd) - Penguin Books (South Africa) (Pty) Ltd, 24 Sturdee Avenue, Rosebank, Johannesburg 2196, South Africa Penguin Books Ltd, Registered Offices: 80 Strand, London WC2R ORL, England First published in 2005 by The Penguin Press, a member of Penguin Group (USA) Inc. Copyright ©Jeffrey D. Sachs, 2005 All rights reserved Page 397 constitutes an extension of this copyright page, LIBRARY OF CONGRESS CATALOGING IN PUBLICATION DATA Sachs, Jeffrey. The e n d of poverty / Jeffrey Sachs. p. cm. Includes bibliographical references and index. ISBN 1-59420-045-9 1. Poverty—Developing countries. 2. Developing countries—Economic policy...

Words: 154314 - Pages: 618

Free Essay

Student Interested in Nice Girl

...1000 Real GMAT Sentence Correction Questions 1. 1 A “calendar stick” carved centuries ago by the Winnebago tribe may provide the first evidence that the North American Indians have developed advanced full-year calendars basing them on systematic astronomical observation. (A) that the North American Indians have developed advanced full-year calendars basing them (B) of the North American Indians who have developed advanced full-year calendars and based them (C) of the development of advanced full-year calendars by North American Indians, basing them (D) of the North American Indians and their development of advanced full-year calendars based (E) that the North American Indians developed advanced full-year calendars based 2. A 1972 agreement between Canada and the United States reduced the amount of phosphates that municipalities had been allowed to dump into the Great Lakes. (A) reduced the amount of phosphates that municipalities had been allowed to dump (B) reduced the phosphate amount that municipalities had been dumping (C) reduces the phosphate amount municipalities have been allowed to dump (D) reduced the amount of phosphates that municipalities are allowed to dump (E) reduces the amount of phosphates allowed for dumping by municipalities 3. A collection of 38 poems by Phillis Wheatley, a slave, was published in the 1770’s, the first book by a Black woman and it was only the second published by an American woman. (A) it was only the second published by...

Words: 99709 - Pages: 399

Premium Essay

Jared Diamond Collapse

...COLLAPSE HOW S O C I E T I E S CHOOSE TO FAIL OR S U C C E E D JARED DIAMOND VIK ING VIKING Published by the Penguin Group Penguin Group (USA) Inc., 375 Hudson Street, New York, New York 10014, U.S.A. Penguin Group (Canada), 10 Alcorn Avenue, Toronto, Ontario, Canada M4V 3B2 (a division of Pearson Penguin Canada Inc.) Penguin Books Ltd, 80 Strand, London WC2R ORL, England Penguin Ireland, 25 St. Stephen's Green, Dublin 2, Ireland (a division of Penguin Books Ltd) Penguin Books Australia Ltd, 250 Camberwell Road, Camberwell, Victoria 3124, Australia (a division of Pearson Australia Group Pty Ltd) Penguin Books India Pvt Ltd, 11 Community Centre, Panchsheel Park, New Delhi—110 017, India Penguin Group (NZ), Cnr Airborne and Rosedale Roads, Albany, Auckland 1310, New Zealand (a division of Pearson New Zealand Ltd) Penguin Books (South Africa) (Pty) Ltd, 24 Sturdee Avenue, Rosebank, Johannesburg 2196, South Africa Penguin Books Ltd, Registered Offices: 80 Strand, London WC2R ORL, England First published in 2005 by Viking Penguin, a member of Penguin Group (USA) Inc. 13579 10 8642 Copyright © Jared Diamond, 2005 All rights reserved Maps by Jeffrey L. Ward LIBRARY OF CONGRESS CATALOGING IN PUBLICATION DATA Diamond, Jared M. Collapse: how societies choose to fail or succeed/Jared Diamond. p. cm. Includes index. ISBN 0-670-03337-5 1. Social history—Case studies. 2. Social change—Case studies. 3. Environmental policy— Case studies. I. Title. HN13. D5 2005 304.2'8—dc22...

Words: 235965 - Pages: 944

Premium Essay

Introduction to Global Marketing

...Economic Environment Case 2-1 The Global Economic Crisis I n his 1997 book One World, Ready or Not, William Greider described the United States as “the buyer of last resort.” Greider explained that, for many years, the United States was the only nation that was willing to absorb production surpluses exported by companies in Europe, Asia, and Latin America. Greider asked: “Who will buy the surpluses when the United States cannot?” The conventional wisdom has long held that strong spending by consumers in other nations would keep the world economy humming. However, by 2008, Greider’s question was taking on a new urgency and the conventional wisdom was being tested. An economic crisis that had its roots in lax subprime mortgage lending practices began to spread around the globe. In the United States, where the crisis began, economic misery was widespread: The housing market collapsed, real estate values plummeted, credit tightened, and job growth slowed (see Exhibit 2-1). As the price of oil passed the $100 per barrel benchmark, the average price of a gallon of gasoline rose to $4. American consumers were, indeed, less willing and less able to buy. However, the crisis was not confined to the United States alone. Consumer-goods exporters in Asia, which Exhibit 2-1: The bursting of the global real estate bubble was only one aspect of the worst recession in decades. The ripple effects from the economic turmoil were felt around the world. In 2007, just before the onset...

Words: 24814 - Pages: 100

Free Essay

Manager

...Chap1 Comparing Apples and Oranges The concept of “apples and oranges” relates to the consistency of anything that is compared with something else. Whenever you make a comparison in sentence, you have to make sure the things you compare are , in fact, comparable. Than ①主语比较 1. Because the Earth’s crust is more solid there and thus better able to transmit shock waves, an earthquake in the eastern United States will typically devastate an area 100 times greater than will a quake of comparable magnitude occurring in the West.(D-P35-9) 2.Local residents claim that San Antonio, Texas, has more good Mexican American restaurants than does any other city in the United States. (D-p78-14) 3.The guiding principles of the tax plan released by the Treasury Department could have even greater significance for the economy than do the particulars of the plan. (C-p8-6) 4. Because natural gas is composed mostly of methane, a simple hydrocarbon, vehicles powered by natural gas emit less of certain pollutants than those burning gasoline or diesel fuel. (C-p8-16) 5. The United States government employs a much larger proportion of women in trade negotiations than does any other government. (C-p22-8) 6. The pay of senior executives increased in 1990 by a larger percentage than did the wages of other salaried workers. (C-p67-5) 7. A newly developed jumbo rocket, which is expected to carry the United States into its next phase of space exploration, will be able to deliver a heavier load...

Words: 31163 - Pages: 125

Premium Essay

Sndp

...ASSESSMENT O DEVELO F PMENT RESULTS E V A L UA T I ON OF UNDP CONTRI BUTI ON ZAMbIA HUMAN DEVELO PMENTeffectiveness CO RDINAT O efficiency CO RDINATIO ANDPARTNERSHIP sus O N NATIO O NAL WNERSHIP relevance MANAGINGFO sustainability MANAGINGFO RESULTS responsiven R AN DEVELO PMENTresponsiveness NATIO O NAL WN NATIO O NAL WNERSHIP effectiveness CO RDINAT O efficiency CO RDINATIO ANDPARTNERSHIP sus O N NATIO O NAL WNERSHIP relevance MANAGINGFO sustainability MANAGINGFO RESULTS responsiven R HUMAN DEVELO PMENTeffectiveness CO RDINAT O ASSESSMENT O DEVELO F PMENT RESULTS EVAL UATI ON OF UNDP CONTRI BUTI ON ZAMBIA Evaluation Office, February 2010 United Nations Development Programme REPORtS PUBliSHED UNDER tHE aDR SERiES Afghanistan Argentina Bangladesh Barbados Benin Bhutan Bosnia & Herzegovina Botswana Bulgaria Burkina Faso Cambodia Chile China Colombia Republic of the Congo Ecuador Egypt Ethiopia Georgia Guatemala Guyana Honduras India Jamaica Jordan Lao PDR Libya Maldives Montenegro Mozambique Nicaragua Nigeria Peru Philippines Rwanda Serbia Seychelles Sudan Syrian Arab Republic Tajikistan Turkey Uganda Ukraine Uzbekistan Viet Nam Yemen EvalUatiON tEam team leader team members EO task manager EO Research assistant Erik Lyby Honorine Muyoyeta Jorry Mwenechanya Urs Nagel Zembaba Ayalew aSSESSmENt OF DEvElOPmENt RESUltS: malDivES Copyright © UNDP 2010, all rights reserved. Manufactured in the United States of America. The analysis and recommendations of this...

Words: 48515 - Pages: 195