French term
faciliter l’accumulation
Les dépenses publiques se résument en grande partie à l’achat de biens de consommation importés et à la construction de route, en grande partie, réalisée par les entreprises étrangères. Donc les besoins de l’Etat sont satisfaits par des importations qui entrainent un appauvrissement croissant des ménages par la fuite du surplus économique qui devrait faciliter l’accumulation en Haïti.
Public expenditure is largely summed up by the purchase of imported consumer goods and road construction, largely by foreign firms. Thus, the needs of the state are met by imports which lead to a growing impoverishment of households through the flight of economic surplus which should facilitate accumulation in Haiti.
| 4 +1 | facilitate accumulation |
nweatherdon
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| 3 | contribute to capital accumulation |
mrrafe
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Proposed translations
Canada
Economics, finance and biosciences
Native in: English
Works in: French to English, English to French, Spanish to English, and 2 more.
facilitate accumulation
For example, check "Solow growth model" for why this might be emphasized. I disagree with the presentation for a few reasons, in particular because exchanging currency for materials to build infrastructure (which increases the productivity of production capital) is not consistent with the complaint he's making, in my opinion.
But anyways, it's referring to the accumulation of capital.
| agree |
Nikki Scott-Despaigne
: Yes, the sentence reads to mean that instead of facilitating accumulation of wealth, the capital is in fact fleeing/leaving the country. See my discussion post.
7 hrs
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Unfortunately for Haiti, he does not seem to recognize the difference between financial capital and physical capital.
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contribute to capital accumulation
"Summed up" should be "devoted to."
Discussion
The actual complaint I think he's making is that money is leaving the country. Period. That it's leaving the country. Without considering that in exchange foreign firms are providing services for which there is no or very low capacity in Haiti.
So, I think he's commenting on the loss of money which is leaving the country, but ignoring the fact that there is actual physical productive capital and infrastructure which can presently be used as a result.
I do not think he's talking about dictators and Swiss accounts.
Not sure if "fuite" means "flee" or is conveying the idea of it "leaking out" of the country. "Flee" suggests that those with the capital are taking to their heels and turning their back on the country; the "leak" (for want of a better term) idea, suggests that the money is filtering out of the country. Suggests something untowards, even dishonest, corruption?