Tag: Economics

State of Development in Haiti

Since proclaiming its independence in 1804, Haiti has suffered from various challenges including isolation from world markets, oppressive dictatorships, prejudicial international trade policies, and devastating natural disasters. Economic growth and socioeconomic development have been consistently stymied by political instability and corruption since the US occupation in the early 1900s. This unpopular foreign occupation was only…
Read more

Bilateral Versus Multilateral Funds

The terms bilateral and multilateral are technically used to distinguish flows of Official Development Assistance (ODA). The OECD defines bilateral transactions as those undertaken by a donor country directly with a developing country. They also include transactions with NGOs active in development and other, internal development-related transactions like debt relief, administrative costs and spending on…
Read more