Private and public sector initiatives for the development of entrepreneurship in Haiti:
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Since about one year, the Haitian government is aiming at attracting foreign direct investment (FDI). This same government is also aiming at developing entrepreneurship. So far, the government has ...
Since about one year, the Haitian government is aiming at attracting foreign direct investment (FDI). This same government is also aiming at developing entrepreneurship. So far, the government has failed to attract significant FDI due to the negative image of Haiti. At the moment entrepreneurship appears has a more probable option for the development of the country.
Many academic papers have been written about the Haitian economic situation. One of the latest is the paper written by Junia Barreau (2012) entitled: ‘FDI: The difficult situation of Haiti’. However, hardly any academic paper has been written about entrepreneurship in the tourism sector in Haiti as a potential source of economic development. This article aims to contribute to the body of meta-literature in this area.
Starting with a review of academic papers on entrepreneurship and then initiatives from the private and public sector to develop entrepreneurship in Haiti, this article adopts a progressive approach successively presenting the tourism industry as the way forward for Haiti and entrepreneurship as a vector.
Methodologically, this article builds on the academic critical literature on entrepreneurship and tourist. Then, based on case studies we are going to see how the development of Microfinance Institutions (MFIs) can contribute to the development of entrepreneurship and to poverty reduction by providing poor people access to financial service. Last but not least, we are going to explain why the tourism sector should be the pilot for this type of scheme
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