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Economic Drivers Research Ideas Port-au-Prince March 2016

Top Ideas for Economic Drivers

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Page 1: Top Ideas for Economic Drivers

Economic DriversResearch Ideas

Port-au-PrinceMarch 2016

Page 2: Top Ideas for Economic Drivers

Working with 30-50 economists including Nobel Laureates, 100+ sector experts, government, donor organizations, civil society, development agencies, businesses, youth, across rural and urban areas to identify, analyze and prioritize interventions that will deliver greater benefit per gourde spent, helping move Haiti towards a more prosperous long term future.

Page 3: Top Ideas for Economic Drivers

Copenhagen Consensus Center organized roundtable discussions

with an aim to figure out smarter solutions to the most problematic

issues facing Haiti.

These roundtables are one of several sources

for research ideas.

Page 4: Top Ideas for Economic Drivers

Research Ideas

Page 5: Top Ideas for Economic Drivers

Legal Framework;(1 of 1)

• Develop a law on insurance.• Develop a law on market competitiveness. • Develop a law on consumer protection.• Develop a legal framework for political stability.

Page 6: Top Ideas for Economic Drivers

Governance;(1 of 4)

• Develop a policy on the informal sector.• Inclusion of the arts and crafts industry in the PSDH

(Haiti Strategic Development Plan).• Link jobs to environmental projects.• Assess the financial and human resources needs for

each key sector.• Develop a policy on the inclusion of women in the

markets.• Assess the technological offerings of Haiti and its

competitors.• Invest in local production capacity.

Page 7: Top Ideas for Economic Drivers

Governance; (2 of 4)

• Invest in energy sovereignty.• Develop a coherent strategy for national development:

• Change the assumptions and priorities of the macroeconomic model

• Link the PSDH to the budget• Tax reform• Create a M&E mechanism.

• Develop a M&E mechanism for projects / programs which includes performance indicators.

• Policy on land rights adapted to the Haitian reality.• Strengthen the capacity of the Haitian government to

regulate the sector.

Page 8: Top Ideas for Economic Drivers

Governance; (3 of 4)

• Develop a policy on women’s access to credit.• Develop policy to ensure the stability of public

institutions.• Align donors’ investments to the government's

priorities.• Redirect public policies to be less extroverted and focus

more on local production and needs.• Invest in the development of the private sector.• Establish a Permanent Electoral Council.• Free and universal childcare.• Public investment for poverty reduction.

Page 9: Top Ideas for Economic Drivers

Governance; (4 of 4)

• Mechanisms, including tax benefits and incentives, for the informal sector to transition to the formal economy.

• Invest in strengthening the government’s capacity and infrastructure simultaneously.

Page 10: Top Ideas for Economic Drivers

Agriculture; (1 of 2)

• Strengthen the honey value chain.• Prioritize agriculture and invest in irrigation canals in

agricultural production areas.• Establish an agricultural bank and finance agricultural

inputs.• Incentives and other socio-economic benefits for young

people to boost the development of agricultural sector.• Intervene directly in agricultural markets and increase

compensation for farmers.• Increase taxes/tariffs to protect local products and

increase the price of imported goods.

Page 11: Top Ideas for Economic Drivers

Agriculture; (2 of 2)

• Improving transport infrastructure to reduce crop losses.

• Forming cooperatives to organize the actors in each sector.

• Develop and make more competitive the tourism sector by lowering prices, as it was demonstrated in Haiti that job creation in the tourism sector has a very beneficial effect on job creation in the agricultural sector.

Page 12: Top Ideas for Economic Drivers

Trade; (1 of 1)

• Create an investment fund to have a source of non-bank financing.

• Strengthen value chains by improving quality assurance measures i.e. ensuring product homogeneity.

• Establish commercial districts that are well equipped and provide tax incentives.

• Create an electronic platform to enable cooperatives in each area to sell their products on the international market.

Page 13: Top Ideas for Economic Drivers

Employment; (1 of 1)

• Develop an employment policy, including public investment needed.

• Add an additional school year for professional training and civil service.

• Vocational training for young people based on supply and demand from the private sector.

Page 14: Top Ideas for Economic Drivers

For more information www.HaitiPriorise.com