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Haiti

Capital: Port-au-Prince; GDP growth (annual %) 2016 : 1.4%;

Higher earning Why a university degree is worth more in some countries than others

A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.

The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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Elections only way to stability in Haiti

A protracted political crisis in Haiti may hamper the stabilization gains completed in recent year and further decline the island country’s economic increase, the top United Nations official in the country told the Security Council yesterday.

Briefing the Council, the Appropriate Representative of the Secretary-General and chief of the UN Stabilization Mission in Haiti (MINUSTAH), Sandra Honoré, said the next few weeks would be decisive for the short and mid-term prospects for Haiti’s democratic consolidation.

“There is therefore no alternative to the return, as any minute at this time as possible, to the path of institutional and political stability, through the completion of the pending elections,” she said.
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Global growth will be disappointing in 2016: IMF's Lagarde

World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.

IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.

Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
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GlObserver provides the latest business news Country Analysis and Reports for A

Key Facts: Full name: Republic of Haiti
Population: 10.1 million (UN, 2011)
Area: 27,750 sq km (10,714 sq miles)
Major languages: Creole, French
Major religion: Christianity
Life expectancy: 61 years (men), 64 years (women) (UN)
Monetary unit: 1 gourde = 100 centimes
Main exports: Light manufactures, coffee, oils, mangoes
GNI per capita: Estimated to be low income: $700 (World Bank, 2011)
Internet domain: .ht
International dialling code: +509

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