C
cavok
Guest
In a lot of the foreign investment projects that the Chinese make, from what I've heard, they bring their own labor with them.
If China invests in Haiti it would not be for economic reasons, but geo-political strategic reasons.I can't see how China would benefit. They already have an over-abundance of cheap labor, which right now is the only thing Haiti can offer (except possibly for a black tourist destination).
I would think that American, Canadian, and European textiles and light manufacturing of durable goods is where the investment is most likely to come from.
I can't see how China would benefit. They already have an over-abundance of cheap labor, which right now is the only thing Haiti can offer (except possibly for a black tourist destination).
I would think that American, Canadian, and European textiles and light manufacturing of durable goods is where the investment is most likely to come from.
In a lot of the foreign investment projects that the Chinese make, from what I've heard, they bring their own labor with them.
In this case the DR right next door is more reliable with better infrastructure.
Didn't the ChiComs takeover the entire transportation infrastructure, or at least the entire railway system, in an African country?They do. It is their own engineering firms and Chinese workers. They also run the projects they build. If X country can't afford to pay back the loans they will confiscate the asset also. They run the entire electrical grid in 1 African country.
They do. It is their own engineering firms and Chinese workers. They also run the projects they build. If X country can't afford to pay back the loans they will confiscate the asset also. They run the entire electrical grid in 1 African country.
Didn't the ChiComs takeover the entire transportation infrastructure, or at least the entire railway system, in an African country?
Confessions of an Economic Hit Man: interesting book and a worthy read.
I can't see how China would benefit. They already have an over-abundance of cheap labor, which right now is the only thing Haiti can offer (except possibly for a black tourist destination).
I would think that American, Canadian, and European textiles and light manufacturing of durable goods is where the investment is most likely to come from.
The ChiComs control the Panama Canal.They control rail lines, transit, and shipping ports in other countries. Sometimes they have to save face and hire locals, but not in management.
So you would take these types of investments which are currently in the RD, and move them to Haiti?
It would take incentives to do that. My guess is the labor is cheaper there than here, but it can't be by too much because labor here is relatively inexpensive by USA standards. So the best way to incentivize would be tax rebates and/or tax abolition. It would take a lot to do, no argument. But I believe it's doable.
As expected, you would have no problem taking from RD to give to Haiti. This is usually the knee jerk train of thought for most foreigners who like to enter the mix in the name of being a part of the solution. How compassionate.
(in reference to posting #53)
It would take incentives to do that. My guess is the labor is cheaper there than here, but it can't be by too much because labor here is relatively inexpensive by USA standards. So the best way to incentivize would be tax rebates and/or tax abolition. It would take a lot to do, no argument. But I believe it's doable.
What's your opinion on the Labadee experiment?
Just curious, but are you Haitian?I haven't been to Labadee in over 8 years. I'm not sure what it looks like now. I can tell you though when I was there I did not like it at all from what I saw. Haitians were excluded from their own country and there is something wrong about that.
It's called competition and the law of supply and demand. All foreign businesses "took" from their native labor force and "gave" to the DR.
You really need to chill.