Monday, May 4, 2009

Cautious Optimism for Haiti

Starting over, from the Mary O'Grady of the Wall Street Journal. Investment seems to be the word of the day.

But the PM seems to also understand that the aid bucket is leaky at best. At the Journal she talked up private investment as the key to a meaningful reduction in misery. "We need investors," she said, "because we need to create jobs. And to get investors, whether they are from the private sector in Haiti or international, they have to have confidence."
Ms. Pierre-Louis may need help too. She doesn't have a political base, Bill Clinton is showing renewed interest in Haiti (not good), and powerful local interests want her out. She might survive if those who truly care about Haiti realize that her defeat would be a grave loss for her country. Hopefully this includes the U.S., which has enormous influence in Haiti and also should want to see the Western Hemisphere's poorest country get off its knees.
(I'm not sure that Bill Clinton having present-day "interest" in Haiti is a bad thing though. I wish there was more explanation of that comment.)

Some background (also from O'Grady) on the telecom kickbacks mentioned in the article here.

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