Abstract
AbstractThe article provides an analysis of the state of the Haitian economy at the beginning of the 1990s, with a view to the possibilities of changing the downward course in the future. The interaction of population growth with erosion makes for decreasing production and incomes in agriculture. Protection of import-competing manufacturing has led to high costs and inefficient production, while assembly industries producing for exports have been more successful. Tourism has had to cope with political unrest and fear of AIDS. The macroeconomic policies implemented since the beginning of the 1980s are also analyzed: the breakdown of fiscal and monetary discipline during the last six years of the presidency of Baby Doc, the reforms of 1986–87 that attempted to wipe out the fiscal deficit, liberalize foreign trade and dissolve the “political” monopolies created by the Duvaliers, as well as the results of the political disturbances from mid-1987 onwards.
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