A low-income country such as Haiti that confronts an environment of diminishing aidinflows must assess tradeoffs among …, calibrated to match conditions in Haiti and in similar low-incomecountries, is employed. Several key results are common to all …

losses, which in turn affect economic activity. To illustrate these findings, the paper reviews the experience of Haiti, a …

purchasing power, and Haiti’s net external buffers were adversely affected. Following from these findings, the paper offers …