Cancel Haiti’s Foreign Debt

Share

From Foreign Policy magazine, a sensible, humane suggestion:

Haiti, as a nation, has suffered violence, unrest, juntas, and natural disasters. One thing it need not suffer anymore, given the earthquake? Its debt obligations. This Times of London article explains how Haiti became so indebted in the first place.

The appalling state of the country is a direct result of having offended a quite different celestial authority — the French. France gained the western third of the island of Hispaniola — the territory that is now Haiti — in 1697. It planted sugar and coffee, supported by an unprecedented increase in the importation of African slaves. Economically, the result was a success, but life as a slave was intolerable. Living conditions were squalid, disease was rife, and beatings and abuses were universal. The slaves’ life expectancy was 21 years. After a dramatic slave uprising that shook the western world, and 12 years of war, Haiti finally defeated Napoleon’s forces in 1804 and declared independence. But France demanded reparations: 150m francs, in gold.

I never knew this.

Maybe the French should give that money back. Just sayin…

There’s more from FP

(H/t @ezraklein)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s