Educate to Save, Let Them Experience Loss

Financial Education, Games of Chance and Sports Betting in Haiti: Anatomy of a Public Policy Inconsistency

Educate to Save, Let Them Experience Loss

Jeux de hasard. Banque de borlette

In Haitian popular wisdom, there is a proverb that says: “Piti piti, zwazo fè nich li,” which means: little by little, the bird builds its nest. This is, in essence, the message carried today by all the financial education initiatives multiplying across the country: patience, gradual accumulation, the virtue of the long term. The Governor of the Central Bank urges young people to manage their money. Radio stations broadcast programs on saving. Financial literacy workshops are flourishing.

But in everyday

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