Haiti was definitively analyzed by Hernando De Soto in his book “Mystery of Capital,” Haiti has no shot at a modern economy, no matter how much money is poured down its throat.
From an Amazon review:
Capitalism can seem difficult to grasp, but De Soto, who has actually built capitalist economies in developing countries, breaks it down into six parts
1) Document the economic potential of all assets
“Capital is born by representing in writing-in a title, a security, a contract, and in other such records....”
2) Integrate Asset Documentation into one System that Anyone Can Access
“The reason capitalism triumphed in the West and sputtered in the rest of the world is because most of the assets in Western nations have been integrated into one formal representational system. Developing and former communist nations have not done this....In western countries where property information is standardized and universally available what owners can do with their assets benefits from the collective imagination of a larger network of people”
3) Hold People Accountable to the System
....
4) Make Use of the Systems Liquidity
“Representations also enable the division of assets without touching them. Whereas an asset such as a factory may be an indivisible unit in the real world, in the conceptual universe of formal property representation it can be subdivided into any number of portions. Citizens of advanced nations are thus able to split most of their assets into shares, each of which can be owned by different persons, with different rights, to carry out different functions. Thanks to formal property, a single factory can be held by countless investors, who can divest themselves of their property without affecting the integrity of the physical asset. Farmers in many developing countries have no such option and must continually subdivide their farms for each generation until the parcels are too small to farm profitably, leaving the descendants with two alternatives: starving or stealing”
5) Use the System to Network the Business Community
“Property’s real breakthrough is that it radically improved the flow of communications about assets and their potential....
6) Use the System to Encourage Trade
“Although they are established to protect both the security of ownership and that of transactions, it is obvious that western systems emphasize the latter. Security is principally focused on producing trust. The Western emphasis on the security of transactions allows citizens to move large amounts of assets with very few transactions. How else can we explain that in developing and former communist nations people are still taking their pigs to market and trading them one at a time as they have done for thousands of years, whereas in the West traders take representations of their rights over pigs to the market? Traders at the Chicago Commodities Exchange for example deal through representations which give them more information about the pigs they are trading than if they could physically examine each pig. They are able to make deals for huge quantities of pigs with little concerned about the security of transactions.”
https://www.amazon.com/Mystery-Capital-Capitalism-Triumphs-Everywhere/dp/0465016154