1987-1988: Subsidized Rice From US Puts Haitian Farmers Out of Business

One of the conditions for Haiti obtaining the IMF loan it previously received (see December 30, 1986) was a lowering of tariffs on rice and an end to support for domestic rice farmers. This has the effect of putting much of Haiti’s rice farmers out of business. [Washington Post, 4/13/2000; Global Exchange, 9/2001, pp. 13 ]