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Emergency and Economic Recuperation Program (EERP)
THE EERP OBJECTIVE IS TO SUPPOR THE REVIVAL OF ECONOMIC ACTIVITY IN HAITI BY MEANS: A) EMERGENCY WORKS AND REHABILITATION OF SOCIAL AND ECONOMIC INFRASTRUCTURE; AND B) A FRONT LOADED EMERGENCY IMPORTS COMPONENT. THE EERP WILL FOCUS ON PRIORITY EXPENDITURES OVER A PERIDO OF 12 TO 18 MONTHS FOLLOWING THE RESTORATION OF THE CONSTITUTIONAL GOVERNMENT. THE BANK'S PARTICIPATION WILL BE DIRECTED TO THE AGRICULTURE, INFRASTRUCTURE, SANITATION AND ENERGY SECTOR INVESTMENTS.

Project Detail

Country

Haiti

Project Number

HA-L1125

Approval Date

January 11, 1995

Project Status

Closed

Project Type

Grant Financing Product

Sector

-

Subsector

-

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

-

Environmental Classification

-

Total Cost

USD 30,000,000.00

Country Counterpart Financing

USD 1,500,000.00

Original Amount Approved

USD 28,500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
942/SF-HA Sovereign Guaranteed USD - United States Dollar Fund for Special Operations Concessional Financing
Operation Number 942/SF-HA
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Fund for Special Operations
  • Financial Instrument: Concessional Financing

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Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1043715058-11161
HA AG Y 95003_02 [395849].JPG
Published Dec. 31, 1999
Download
https://www.iadb.org/document.cfm?id=EZSHARE-1043715058-11162
HA ED B 95001_15 [395857].JPG
Published Dec. 31, 1999
Download
https://www.iadb.org/document.cfm?id=EZSHARE-1043715058-11163
HA ED B 95001_17 [395858].JPG
Published Dec. 31, 1999
Download
https://www.iadb.org/document.cfm?id=EZSHARE-1043715058-11165
HA -SA V 95002_11 [395868].JPG
Published Dec. 31, 1999
Download
Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-903560350-9152
Emergency Economic Recovery Program [454876].PDF
Published Dec. 31, 1999
Download

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Publications
Published 2020
The Challenge of Protecting Informal Households during the COVID-19 Pandemic: Evidence from Latin America
Latin American countries introduced rapid emergency measures to sustain the income of informal workers and their families during shelter-in-place orders to contain COVID-19. The effectiveness of these measures is limited. The coverage and replacement rates of usual labor income are high among the first quintile of the population but fairly low in the second and third quintiles, where a substantial fraction of households are informal and have limited ability to telework. If governments plan to extend lockdown measures or reintroduce them in the future, they might need to consider broader income transfers for the lower-middle class.
Publications
Published 2021
The Macro-Economic Effects of Hurricanes in The Bahamas: A Case Study Using Satellite Night Light Luminosity
This paper analyses the macroeconomic effects of Hurricanes Joaquin (2015), Matthew (2016), Irma (2017), and Dorian (2019) across different islands in The Bahamas. The methodology used, based on Zegarra et al. (2020), uses historical night light intensity data between 2015 and 2019 and monthly GDP. The analysis is complemented by a breakdown of the direct and indirect costs by island that compiles the information in the four Damages and Losses Assessments conducted by the Economic Commission on Latin America and the Caribbean and the Inter-American Development Bank. The results suggest, first, that the year-to-year nominal growth rate in The Bahamas decreased during the month and quarter of each hurricane event, but that there was no contraction of the countrys growth rate in the year of the event. However, all islands showed a significant contraction in GDP after the start of the COVID-19 outbreak, which overlapped with the effects of Hurricane Dorian. Second, large islands like New Providence and Grand Bahama experienced larger GDP contractions following the hurricanes, but no such clear pattern was obtained for the Family Islands. Third, macroeconomic recovery times to achieve pre-hurricane GDP levels took between 4-8 months on average for the four events studied. Fourth, the composition of sectors affected by the events did not seem to have a major effect on the severity of the economic shock. For all the hurricanes studied, tourism, transport infrastructure, and housing were recurrently the most affected sectors. Based on the findings of the analysis, recommendations include the following: (1) Make greater use of these methodologies to study the macroeconomic effects of natural disasters, supplemented by microeconomic, social, and sector-specific studies; (2) Conduct further analysis of island-specific economic drivers and post-hurricane economic effects; and (3) Promote climate change adaptation and disaster risk management to reinforce macroeconomic resilience in sectors that drive national GDP and to foster resilience in sectors and on islands.
Publications
Published 2021
One Region, One Commitment: Towards Sustainable Recovery in Latin America and the Caribbean
Em preparaçao para a próxima Confernecia da Biodiversidade da ONU (COP15) e a Conferencia sobre Mudança Climática da UNFCCC (COP26), o Grupo do BID organizou “Uma Regiao, Um Compromisso”, uma cúpula virtual para mostrar às regioes as múltiplas conquistas nas agendas de mudança climática e biodiversidade na América Latina América e Caribe. Ao longo de 3 dias foram realizadas 22 sessoes, nas quais os oradores discutiram as políticas climáticas avançadas que estao a ser promovidas por vários países, sublinharam que o papel do setor privado e da sociedade civil é indispensável e inadiável, destacaram a oportunidade única que agora temos para refletir sobre o tipo de recuperaçao que queremos para a regiao, e examinamos como harmonizar as metas de sustentabilidade com o crescimento economico em múltiplas frentes. Este documento fornece um breve resumo das principais liçoes da cúpula. Esperamos que também sirva como um guia para continuar aprendendo com o valioso conhecimento e experincia compartilhada durante este evento.
Publications
Published 2021
Domestic Violence Reporting during the COVID-19 Pandemic: Evidence from Latin America
This article examines changes in the frequency and characteristics of domestic violence reports after the start of the pandemic and the imposition of mobility restrictions in six Latin American countries. The study uses three types of data sources: calls to domestic violence hotlines (for the City of Buenos Aires in Argentina, Colombia, and Peru); calls to emergency lines (for Ecuador, Lima in Peru, and Costa Rica); and police/legal complaints (for Colombia, Ecuador, and Uruguay). Data through June 2020 shows that the pandemic's impact on domestic violence reports varied significantly across countries, periods, types of violence, and reporting channels. Calls to domestic violence hotlines soared, but calls to emergency lines and police complaints fell (especially in the first weeks of the pandemic). Significantly distinct patterns are observed between reports of psychological and physical violence, and non-cohabitant and cohabitant violence. These patterns are consistent with the pandemic changing the relative incidence of different types of violence and altering the perceived costs of reporting them through alternative channels. Increases in calls to domestic violence hotlines suggest that this channel was best suited to respond to victims' needs during the pandemic. In turn, the drop in legal complaints and calls to comprehensive emergency lines are consistent with an increase in the perceived (relative) cost of using these channels. The findings reveal how the pandemic altered domestic violence victims' demand for institutional help and highlight the relevance of domestic violence hotlines as an accessible and valuable service.
Blogs
Published 2022
Digital Infrastructure’s Outsized Potential for the Caribbean
Our latest issue of the Caribbean Quarterly Economic Bulletin highlights new IDB research suggesting that many Latin American and Caribbean countries lag behind most advanced economies in digital and telecommunications infrastructure. Closing these gaps could yield dividends in productivity, employment, and growth—particularly for the six members of the IDB’s Caribbean Country Department (The Bahamas, Barbados,
Publications
Published 2022
Alcohol, Drug Use, and Road Traffic Injuries: A Multi-site Collaborative Study of Emergency Departments in the Dominican Republic and Peru
The objectives of this study are to report demographic and substanceuse characteristics and risk of road traffic injury from alcohol use, cannabis use, and combined use in a sample of emergency department patients from two countries in Latin America and the Caribbean: the Dominican Republic and Peru.
Blogs
Published 2023
Headwinds facing the post-pandemic recovery in the Caribbean
After two tumultuous years, 2023 remains characterized by headwinds facing countries across the world. Our previous publications have highlighted the unprecedented nature of the COVID-19 shock to economies across the Caribbean region, particularly given its extreme dependence on external demand for resources, tourism, and finance. Just as the pandemic’s effects began to dissipate in 2021,
Blogs
Published 2023
Riding the economic waves: Trinidad and Tobago’s navigation through the headwinds
While 2022 represented a year of recovery for the Caribbean, following drastic economic contractions for many economies in 2020, exogenous economic shocks derailed anticipated progress. High fuel prices spurred increases in transportation and electricity costs across the region, contributing to rising headline inflation. The most recent edition of the IDB’s Caribbean Economics Quarterly highlights the
Courses
Published 2024
Economia do Comportamento para Melhores Políticas Públicas
Prazo de inscrição: 27 de Agosto, 2024Nos últimos anos, cada vez mais governos e formuladores de políticas têm percebido que, para serem verdadeiramente bem-sucedidas, as políticas públicas devem considerar a forma como os indivíduos se comportam e tomam decisões. Com essa premissa, este curso se propõe a ensinar os conceitos fundamentais da economia do comportamento e como estes diferem da visão do modelo econômico tradicional. O curso também introduz ferramentas que podem ajudar a promover a tomada de melhores decisões e apresenta casos reais de intervenções em que esses “empurrões” foram usados para aprimorar as políticas públicas em países da América Latina e de outras partes do mundo.
Blogs
Published 2024
A Unique Opportunity at the IDB for Talented Research Assistants
The Research Department of the Inter-American Development Bank (IDB) is seeking motivated, organized, and experienced research assistants to help produce data analysis of local economies in Latin America and the Caribbean. Research assistants participate in groundbreaking research in areas ranging from education and the environment to banking, finance, and political economy. They typically advance to
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