Given the 'new' Haiti is supposedly in the making, I think it's quite prudent to keep track of the economic affairs of our neighbor to the west.
OK, what really motivated me to create this?
Well, for the first time ever, the Haitian economy is not only expected to grow faster than the Dominican economy; it's also going to be among the fastest growing in Latin America, thus the Western Hemisphere, thus again, the world.
Of course the reconstruction efforts is behind this tremendous upsurge, which makes this growth spurt a sort of 'catching up' to its previous level.
But there is a very good opportunity that will arise in this. Haiti right now is receiving a very strong economic push, if the momentum is maintained it can generate a sort of enertia, becoming self-sustaining over the long term; with time leaving behind the 'catch up to pre-earthquake Haiti' to becoming a full 'catching up to the DR and the Developed world' phase.
I definitely got a pair of fingers cross and another pair towards Haiti mimicking the DR when it comes to expectations from the IMF; in other words, always surpass the expected economic growth rate.
In anycase, here are the figures from the IMF starting with 2009 with proyections for 2011 onwards.
OK, what really motivated me to create this?
Well, for the first time ever, the Haitian economy is not only expected to grow faster than the Dominican economy; it's also going to be among the fastest growing in Latin America, thus the Western Hemisphere, thus again, the world.
Of course the reconstruction efforts is behind this tremendous upsurge, which makes this growth spurt a sort of 'catching up' to its previous level.
But there is a very good opportunity that will arise in this. Haiti right now is receiving a very strong economic push, if the momentum is maintained it can generate a sort of enertia, becoming self-sustaining over the long term; with time leaving behind the 'catch up to pre-earthquake Haiti' to becoming a full 'catching up to the DR and the Developed world' phase.
I definitely got a pair of fingers cross and another pair towards Haiti mimicking the DR when it comes to expectations from the IMF; in other words, always surpass the expected economic growth rate.
In anycase, here are the figures from the IMF starting with 2009 with proyections for 2011 onwards.