Scénarios alternatifs pour la BRH

Abstract

This chapter explores alternative scenarios for adapting Haitian monetary policy to the realities of the national economy. It proposes taking into account informality, monetary dualism, dollarization, and low banking inclusion, all of which reduce the effectiveness of conventional instruments. It advocates a monetary policy more sensitive to productive and territorial dimensions: targeted support for productive credit, coordination with fiscal policy, stronger financial inclusion, and alignment with regional needs. The chapter shows that a strictly technocratic policy centered on nominal stability is insufficient in a country where transmission channels are fragile. It therefore calls for stronger coordination between the BRH, the State, the banking system, local authorities, and international partners. The aim is to move from imposed discipline to an assumed coherence among stability, financing, and development.