The Haitian monetary unit, divided into 100 centimes. A measure of the total value of goods and services produced by a domestic national economy during a given period, usually one year. Real GDP is the value of GDP when inflation has been taken into account. The total market value of all final goods and services produced by an economy during a year. Real GNP is the value of GNP when inflation has been taken into account.
Proponents favor the export of industrial goods over that of primary products.
In the Dominican Republic, free-zone enterprises paid no duties on goods directly imported into, or exported from, the free zone. These enterprises also enjoyed exemptions from Dominican taxes for up to twenty years, and they were allowed to pay workers less than the established minimum wage. These loans frequently carry conditions that require substantial internal economic adjustments by the recipients, most of which are developing countries. The Lom Convention also provides for limited EEC development aid and investment funds to be disbursed to ACP recipients through the European Development Fund and the European Investment Bank. The Lom Convention is updated every five years.