Verified Document

Briefing Note For Haiti Briefing Research Proposal

The country has one of the biggest international debts in the world. Even more, the country is not able to pay this debt. Given the economic and social conditions in Haiti, the workforce in the region is highly unskilled, making it even more difficult for a company or government to make successful investments here.

The natural disasters that often happen here must also be taken into consideration. Even if something is built here, there are significant chances to be destroyed in an earthquake like the recent one that shook the country, or by frequent tropical storms affecting the region.

Social risks are inherent given the circumstances. The majority of the population is living below the poverty line, there are frequent riots because of the high prices of food and lack of formal jobs.

The political situation can also be considered a risk (BBC, 2010).

Also, street riots and the country's involvement in drugs traffic lead to increased violence, which can be considered an important risk. This is why the country is rated D, while the business climate is also rated D (Coface, 2009).

Recommendations

Although the country presents high economic, social, and political risks, the current situation in Haiti can be considered an opportunity for the Canadian government. The damages produced by the earthquake can represent an opportunity for rebuilding the entire infrastructure that was already damaged and for helping the country exploit its economic potential. The U.S. economic involvement in Haiti was very successful, helping the country boosts its apparel sector. The country's...

The U.S. economic implication in the region has proven to be successful. However, the risks are very high, the natural disaster risks being the most important, because of the significant damages that may produce.
In case the Canadian government manages to build something here, there is no guarantee that a tropical storm will not affect the investment, situation that has previously occurred. Also, the violence and the political instability in the region are important obstacles that must be taken into consideration.

Reference list:

1. Iranzo, S. (2008). Delving into Country Risk. The Bank of Spain. Retrieved January 22, 2010 from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1120723.

2. Haiti (2009). Central Intelligence Agency. The World Factbook. Retrieved January 22, 2010 from https://www.cia.gov/library/publications/the-world-factbook/geos/ha.html.

3. Cordoba, J. & Luchnow, D. (2010). Fierce Earthquake Rocks Haiti. Wall Street Journal. Retrieved January 22, 2010 from http://online.wsj.com/article/SB126333470907826737.html.

4. Country Risk Assessment (2009). COFACE. Retrieved January 22, 2010 from http://www.coface-usa.com/CofacePortal/US_en_EN/pages/home/wwd/inform/Country_risk/Country%20Risk%20Assessment.

5. Country Profile: Haiti (2010). BBC News. Retrieved January 2010 from http://news.bbc.co.uk/2/hi/americas/country_profiles/1202772.stm.

Sources used in this document:
Reference list:

1. Iranzo, S. (2008). Delving into Country Risk. The Bank of Spain. Retrieved January 22, 2010 from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1120723.

2. Haiti (2009). Central Intelligence Agency. The World Factbook. Retrieved January 22, 2010 from https://www.cia.gov/library/publications/the-world-factbook/geos/ha.html.

3. Cordoba, J. & Luchnow, D. (2010). Fierce Earthquake Rocks Haiti. Wall Street Journal. Retrieved January 22, 2010 from http://online.wsj.com/article/SB126333470907826737.html.

4. Country Risk Assessment (2009). COFACE. Retrieved January 22, 2010 from http://www.coface-usa.com/CofacePortal/US_en_EN/pages/home/wwd/inform/Country_risk/Country%20Risk%20Assessment.
5. Country Profile: Haiti (2010). BBC News. Retrieved January 2010 from http://news.bbc.co.uk/2/hi/americas/country_profiles/1202772.stm.
Cite this Document:
Copy Bibliography Citation

Related Documents

Miami Mr. Chow, Firstly, We
Words: 1612 Length: 6 Document Type: Term Paper

Moreover, because of the high levels of tourism, no one would be out of place in Miami. Racism exists in North America, in the United States and in Miami; however, it is determined to be as pronounced in some other more conservative cities. Ethnicity With race and ethnicity it is important to mindful of the history of America in relation to how immigrants have been treated in general, and to Latin

Manipulation of Media Coverage During War on Iraq
Words: 3487 Length: 10 Document Type: Research Paper

Manipulation of Media Coverage During War on Iraq The role of the media is critical in nearly every walk of life now because of its expanse especially in the last decade. The media has grown into such a powerful tool of communication and influence that it has now become an integral part of the wars that are being fought e.g. The War on Terror or the U.S. intervention in Iraq. The

Congress Role in War Making
Words: 7307 Length: 20 Document Type: Term Paper

Congress Role in War Making War has become a part of the human world. When we understand the events from the past to the present, for the purpose of dealing with conflicts, human beings have been pampered with weapons. Even though war has become an element of human custom, it has always been seen that efforts have always been made to control the outcome of war and the techniques employed in

Global Refugee Regime Seems to Be Veering
Words: 10399 Length: 40 Document Type: Term Paper

Global Refugee Regime Seems to Be Veering Away From Traditional Rules As the threat of war looms large, the situation of those displaced because of violence and fights is becoming the focal point of talks amidst humanitarian groups. Many wrote about the situation in Afghanistan. The last many years have brought about quite a lot of enormous "refugee movements and humanitarian emergencies." More than 50 million people have been displaced by

Humanitarian Services of the American
Words: 2601 Length: 8 Document Type: Research Paper

S. And from the battle field back to the families here in the U.S.A. As well (Military Advantage, 2011). IV. Relief Impact on Economic growth The relief that the ARC provides to the various disaster stricken areas has over the years proven to be vital in the revival of the economy of the areas and the countries at large. (a). Why some area receive less aid than others The distribution of aid has various

Military Employee Stress the Objective
Words: 18029 Length: 66 Document Type: Thesis

The subjects were 613 injured Army personnel Military Deployment Services TF Report 13 admitted to Walter Reed Army Medical Center from March 2003 to September 2004 who were capable of completing the screening battery. Soldiers were assessed at approximately one month after injury and were reassessed at four and seven months either by telephone interview or upon return to the hospital for outpatient treatment. Two hundred and forty-three soldiers

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now