Ireland Vs Haiti
What makes a country developed or less developed?
How did Ireland become a developed country?
In the 1980’s, Ireland was working on becoming a developed country. The government focused on education, foreign investments, and trading agricultural products. Since Irish people were cheap labor, but also well educated, and there was low corporate taxes, many companies established businesses in Ireland. Not only did Ireland bring profit in by having more businesses come there, but they also built up their trade. Ireland made a deal to provide China with all it's milk and beef. With China being highly populated, Ireland will be bringing in a lot of money due to this trade deal. Source: http://www.cgdev.org/page/ireland-1
Haiti is at one of the poorest countries in the Americas. Poverty and poor access to education are Haiti’s top disadvantages. They suffer from high inflation due to lack of investment and trade deficit. Their government relies on international economic assistance for financial sustainability. In 2010, an earthquake in Haiti severely impacted their economy. Massive homelessness and displacement continues and does not appear to have significantly abated since the earthquake. Source: http://www.unohrlls.org/UserFiles/File/LDC%20Documents/Advocacy%20brochure%20english%20for%20web.pdf