Question

In: Economics

Haiti is the most impoverished nation-state in the world. How Haiti and the DR, which share...

Haiti is the most impoverished nation-state in the world. How Haiti and the DR, which share the island of Hispaniola, have developed in opposite directions is an important way to understand the challenges of developing democracies. What best explains the divergent development of Haiti and the DR?

Solutions

Expert Solution

Haiti and the Dominican Republic are the two countries that share the island of Hispaniola but they both have not seen the same rate of development. They have somewhat similar geographical conditions but still, their development is in two extreme directions. Both countries were having a similar growth rate until the year 1960. But after that, the GDP of Haiti has dropped tremendously and is standing at just the half of the GDP from the year 1960. On the other hand, the GDP of the Dominican Republic was grown three times until 2005. The man reason behind the downfall of Haiti was the implementation of the policies laid by US military operations. This was the initial reason where the downfall of Haiti started. The Dominican Republic was focussing on the growth of their country and they have worked towards building infrastructure, setting up industries and they have focussed on construction and they also put a major emphasis on flourishing the agriculture sector. This helped them in boosting up the economy and taking them to the heights where they are today. The Dominican Republic also worked towards stabilizing the politics in the country as this help the country to grow. Haiti was lacking behind DR in all aspects even they have not managed to gain political stability in their country which has deteriorated the condition of the people in the country and they are still struggling. The people are poor and the economy is working very slow. These were the reason behind the divergent develpopmenet of Haiti and Dominican Republc.


Related Solutions

conduct research on the 2010 earthquake in Haiti. How did their economic state play a factor?...
conduct research on the 2010 earthquake in Haiti. How did their economic state play a factor? What was the state of their preparedness and mitigation prior to the earthquake? What factors influenced their preparedness and mitigation (or lack-thereof)? Research some winners & losers in this tragedy. How did they win or lose?
Discuss how nation state sponsored attacks against businesses might be influenced by their respective state politics...
Discuss how nation state sponsored attacks against businesses might be influenced by their respective state politics as it relates to separation of government and business; Apply principles from the Fraud Triangle Theory as it relates to motivations for various threat actors; and Summarize key concepts that Business risk managers should take into consideration
The nation of Ectenia has 40 competitive apple orchards, which sell apples at the world price...
The nation of Ectenia has 40 competitive apple orchards, which sell apples at the world price of $2 per apple. The following equations describe the production function and the marginal product of labor in each orchard: Q = 120L−L2, MPL = 120−2L where Q is the number of apples produced in a day, L is the number of workers, and MPL is the marginal product of labor. What is each orchard’s labor demand as a function of the daily wage...
The nation of Ectenia has 80 competitive apple orchards, which sell apples at the world price...
The nation of Ectenia has 80 competitive apple orchards, which sell apples at the world price of $2 per apple. The following equations describe the production function and the marginal product of labor in each orchard: QQ =  = 80L−L280L−L2 MPLMPL =  = 80−2L80−2L where QQ is the number of apples produced in a day, LL is the number of workers, and MPLMPL is the marginal product of labor. Suppose the world price of apples doubles to $4 per apple. What is...
How does Most favoured nation clause affect a country that is not a WTO member?
How does Most favoured nation clause affect a country that is not a WTO member?
How was George Washington able to secure a victory over the most powerful nation in the...
How was George Washington able to secure a victory over the most powerful nation in the world? Does he win the war singlehandedly or were there other important factors?
Which of the following is the most abundant protein in the animal world?
Which of the following is the most abundant protein in the animal world? (A) RuBisCO   (B) Keratin   (C) Collagen   (D) All of these
Explain why the United States is a nation-state and why the state of Minnesota is not....
Explain why the United States is a nation-state and why the state of Minnesota is not. What changes would be necessary for the state of Minnesota to become a nation and a state?
Why there exist global brands which are popular around the world? Share your rationale. Share at...
Why there exist global brands which are popular around the world? Share your rationale. Share at least three different ways of creating a successful global brand and your rationale.
Given our current state of the world with COVID and most colleges and universities now operating...
Given our current state of the world with COVID and most colleges and universities now operating in a hybrid or all online model and facing potentially large budget shortfalls, do you think that HE institutions can continue to provide the needed services to disabled students while moving many courses online? In what ways do you anticipate HE institutions will need to change in order continue to provide proper services to disabled students while facing budget shortfalls?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT