Haiti agriculture Destroyed by the World Bank and IMF

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I just read this in a New York Times article and I couldn't believe my eyes:

The international community has also had a major role in destroying Haitian agriculture.

The World Bank and International Monetary Fund have been threatening for years to cut off financing if the Haitian government pays for irrigation, fertilizers or equipment for its poor farmers.

And in 1995, as a condition for restoring President Jean-Bertrand Aristide to power after he was ousted by a military coup, the United States forced Haiti to adopt the lowest food import tariffs in the hemisphere, to provide U.S. farmers another market.

A flood of cheap, heavily subsidized U.S. rice eventually pushed domestic varieties from the marketplace, and Haitian landowners fired thousands of workers.

Read more: Post-Quake Revitalization Plans Collide in Haiti's Breadbasket
nytimes.com/gwire/2010/03/08/08gre...

Haiti Agriculture News, March 8 2010, 1:02 PM

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You have brought in valuable points about the destruction of Haiti's agriculture by World Bank and IMF (U.S. mostly... read more >
Marie Carmelle Hudicourt, 8-Mar-10 2:17 pm
Marie Carmelle Hudicourt, I am blessed to have an extraordinary life of valuable impartations from many mentorships... read more >
Montresor 2011, 25-Mar-10 9:12 pm

 

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