Haiti

The Republic of Haiti is a country situated on the western third of the island of Hispaniola and the smaller islands of La Gonâve, La Tortue (Tortuga), Les Cayemites, and Ile a Vache in the Caribbean Sea, east of Cuba; Haiti shares Hispaniola with the Dominican Republic. The total land area of Haiti is 10,714 square miles (27,750 square km) and its capital is Port-au-Prince on the main island of Hispaniola.

Economy

Main article: Economy of Haiti

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Haiti remains the least-developed country in the Western Hemisphere and one of the poorest in the world. Comparative social and economic indicators show Haiti falling behind other low-income developing countries (particularly in the hemisphere) since the 1980s. Haiti now ranks 150th of 175 countries in the UN’s Human Development Index.

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About 80% of the population lives in abject poverty, making it the second poorest country in the world. Nearly 70% of all Haitians depend on the agriculture sector, which consists mainly of small-scale subsistence farming and employs about two-thirds of the economically active work force. The country has experienced little job creation since President René Préval took office in February 1996, although the informal economy is growing. Failure to reach agreements with international sponsors have denied Haiti badly needed budget and development assistance.

Related Topics:
René Préval - 1996 - Informal economy

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