Haiti Development Research Paper Example | Topics and Well Written Essays - 750 words

Haiti Development - Research Paper ExampleThough independent long before, the economy of the country is still in the struggling phase. fit in to the recent reports, the per capita income of the country in 2009 has been a meager $ 790 that tantamounts to a nominal sum of $ 2 per day per person. Having such poor doing on the scotch front, the country has almost 80% of the population below the poverty level period only half the population is believed to be literate.The country is basically an outlandish nation but unlike many of the other nations of the world, agricultural population of Haiti does not have access to the modern means and techniques of agriculture. This is prevalent as while more than 65% of the population is engaged with agriculture, the profession yields even less than 30% of the GDP for the country (Foreign & Common Wealth Office, Haiti).The extreme poor performance of the economy of Haiti has its linked consequences like that of underprivileged human resource dev elopment and that of topping the list of corruption. The other prominent demerit of the country has been the concentration of wealth. It is sensed that top 1% of the population controls almost half of the nations wealth. The condition of the economy is also depicted by the prime source of earning for the political relation which has been the external debt for years now. In 2005, a new born baby in Haiti had a liability of US $ 169 (because of external debt) though recently the multinational bodies like that of IMF and World Bank have written off the external debt (IMF, Haiti Enhanced Initiative for Heavily Indebted Poor Countries Completion Point schedule).The poor country of Haiti has been further affected by the disastrous environment time and again. Though the country was blessed with deep forest and had rich plant life and fauna, the diminishing economy of the nation has resulted in cutting of most of such