Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Foreign direct investment and economic growth

Foreign direct investment and economic growth

Germain, Enomy

Paperback

Biographies General

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ISBN10: 6630381130
ISBN13: 9786630381139
Publisher: Our Knowledge Publishing
Pages: 68
Weight: 0.23
Height: 0.16 Width: 6.00 Depth: 9.00
Language: English
Haiti is experiencing a stagnation in economic growth. And this stagnation is nothing new. Statistics show that, from 1970 to the present day, the country has never experienced a continuous decade of growth. In other words, growth has never been sustainable. According to the World Bank's report 'Haiti: Opportunities for All', between 1971 and 2013, Haiti's GDP per capita fell by an average of 0.7 per cent per year. Yet it is clear that needs of all kinds and the number of mouths to feed are constantly increasing. It therefore goes without saying that growth is essential for the country. But to achieve growth, it is well established in the literature on the subject that productive investment is required. 'Haiti is open for business' is a slogan that has been somewhat in vogue in the country since Mr Michel Joseph Martelly came to power in 2011. It suggests that the country is open to foreign direct investment. Whilst some appreciate this slogan on the basis of logic and common sense, we, for our part, opt for a more scientific approach to understand the issue of foreign direct investment in Haiti in all its complexity.

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