Haiti: World Bank Group Report Calls for New Social Contract to Promote Opportunities for All
A new World Bank Group report released today examines key opportunities and constraints to faster sustainable and inclusive growth in the country. Based on analysis and a series of consultations with key stakeholders, the report highlights that faster economic growth alone will not be enough to improve the living standards of most Haitians and proposes key priorities for rebuilding the social contract between Haiti's state and its citizens.
The diagnostic "Haiti: Towards a New Narrative" notes the progress made in reducing extreme poverty and maintaining macroeconomic stability. With a growing young labor force, proximity to the US and other major markets, Haiti has great economic opportunities in agribusiness, light manufacturing and tourism.