Haiti's Economic System - Flow of Income is FLAT, not Circular

Haiti's Economic System - Flow of Income is FLAT, not Circular

Look at this chart of the Haitian Economic System, the flow of income is flat, it is not circular like in growing economies...

In the Haitian economy, households interact with MERCHANTS who IMPORT goods for household consumption from outside countries.

The money, which comes in large part from the Diaspora, never stay long enough in the Haitian economy to change hands and grow.

Read the related article below: Economics - In Haiti, The Flow Of Income is NOT Circular, That's why we are so POOR

What do you think about that?

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James Junior Jean Paul says...

Thanks for your report

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