PetroCaribe Country Report: Haiti

The PetroCaribe accord offered Haiti a unique chance to turn around economically. 

“It was a Bonanza!”- Kesner Pharrell, leading Haitian Economist. CIJN Interview

Summary

Decades of violent political rivalries and instability, devastating natural disasters, and a dependence on external aid held hostage the island’s capacity to grow. In the past thirty years, there have been over thirty governments. Natural disasters have wiped out its agricultural sector. It remains dangerously underdeveloped.