What is Haiti's political and economic system?

Answer 1

Haiti is plagued by corruption, gang violence, drug trafficking, organized crime, and a general lack of economic opportunity, which has made it the Western Hemisphere's poorest and most deforested country.

Two-fifths of Haiti's people depend on agriculture, mainly small-scale subsistence farming.

In regard to exports, over half of the world's vetiver perfume oil comes from Haiti, and it exports bananas, cocoa and mangoes. Recently there have been attempts to try and boost the manufacturing sector and it now produces and exports Android-based tablet computers, current sensors and Transformers.

Answer 2

Haiti is the poorest country in the Western Hemisphere. Two-thirds of all Haitians depend on the agriculture sector, mainly small-scale subsistence farming, and remain vulnerable to damage from frequent natural disasters, exacerbated by the country's widespread deforestation. A macroeconomic program developed in 2005 with the help of the International Monetary Fund helped the economy grow 1.8% in 2006, the highest growth rate since 1999. Haiti suffers from higher inflation than similar low-income countries, a lack of investment (increasing however since the recent presidential seating), and a severe trade deficit. In 2005, Haiti paid its arrears to the World Bank, paving the way for reengagement with the Bank. The government relies on formal international economic assistance for fiscal sustainability. In 2006, Haiti held a successful donors conference in which the total aid pledged exceeded Haiti's request. Remittances are the primary source of foreign exchange, equaling nearly a quarter of GDP

Answer 3

Haiti's current form of government is a Republic.