IMF Staff Country Reports

Haiti: Selected Issues

Publication Date:

January 10, 2001

Electronic Access:

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Summary:

This note reviews the effects of dollarization on the ability of the Bank of the Republic of Haiti (BRH) to conduct monetary policy and the risks to macroeconomic stability and the banking system. Haiti's external indebtedness has been compared with that of countries eligible for debt relief under the Initiative for Highly Indebted Poor Countries (HIPCs). Haiti's accession to the Caribbean Common Market and the impact of trade liberalization measures on the strategic rice sector is discussed. The causes of poverty in Haiti are also analyzed.

Series:

Country Report No. 2001/004

Subject:

Bank deposits Dollarization Education External debt Financial services Health Monetary policy