Bernal. I will take the very first shot on this one because I simply completed a week back, 8 years on the board of directors of the Inter-American Advancement Bank. I can assure you that the Inter-American Development Bank in specific has been extremely active and has offered considerable support throughout a series of sectors (Which of the following was eliminated as a result of 2002 campaign finance reforms?). I think that View website our huge bro, the World Bank, has contributed, but I would venture to suggest that there is scope for far more resources to be put into the region. The issue here is that the Caribbean is categorized as middle earnings, established nations and are for that reason left out from specific concessional centers and are not always viewed as a top priority when it pertains to hardship alleviation.
Often it is one sector, tourism, and therefore while they are middle earnings they are vulnerable and require ongoing support. The U.S., I believe, has an important function in urging the development institutions to continue to contribute in the Caribbean. Mr. Farnsworth. Simply a fast coda to that as well. We have talked a bit about the debt overhang that affects the Caribbean therefore there is a possible future role, perhaps not too far in the future, in regards to the global banks maybe the IMF too to really assist overcome a few of those debt concerns in a meaningful and enduring method.
Mr. Duncan. We have time for a couple of more questions. I believed it was going to be just the ranking member and myself. I am thankful we had such active involvement. I am pleased you appeared. Brazil is concerned about tourism with regard to the Olympics. And tourist being such a huge part of the Caribbean nations' economy and a big part of the U.S. tourist headed there-- Zika. It has actually got to be on their minds. I guess I am worried about just how much U.S. assistance will make it to the Caribbean countries and whether Zika is even a concern on the island countries themselves and what effect that might have on tourism, or anticipated results.
Eric? Mr. Farnsworth. It is quite on the minds of the hemisphere community. You referenced Brazil and I think that is absolutely proper. Although, in Brazil today it is the winter and the mosquito population in the winter tends to go down, and so a minimum of we hear from the Olympic organizers that Zika won't be as much of a problem throughout this existing time of the Olympics, et cetera. But appearance, Zika is an issue throughout the region and certainly here in the United States too. As I discuss in my ready remarks, it appears to me that this might be a simple win for the United States if we desire to put it in those terms.
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We all have a very genuine incentive to get rid of it as fast and as quickly and as thoroughly as possible. So there is a lot of excellent research going on in the United States and other places. When the vaccine or the right method to address Zika comes forward, why not, dealing with the Caribbean partners and others in the hemisphere have an extremely substantial public health effort that affects individuals where they live? I indicate, this is the type of thing, these are the types of lessons we are discovering that are very efficient from other nations when they do it whether it is Venezuela, whether it is China, whether it is other countries due to the fact that this is what individuals need.
Ms. Yearwood (What does ear stand for in finance). The Caribbean Hotel & Tourist Association, the Caribbean Tourist Organization, the Caribbean Public Health Agency, and the Pan American Health Organization are all totally involved in trying to deal with the Zika crisis not simply at the international level but likewise at the tourist level. Individuals acknowledge Zika as a particular issue that could affect the economy of the entire region therefore they are very cognizant and working toward attempting to include the dangers and dealing with the vector management, et cetera. I think to Eric's point, the capability of those firms to have greater involvement by the U.S.
Mr. Bernal. Mr. Chairman, if you will allow me. Zika is a problem in itself, but it raises a much broader concern which is hemispheric and worldwide pandemics. There are numerous people walking around the region chuck mcdowell timeshare from the U.S., Canada, from the Caribbean-- numerous million a year-- that it is an interest of common and mutual importance that we attempt to fight these pandemics. Early intervention is important. The moment-- we need to have a fast-acting response to the possibility of pandemics. We understand, for example, that way back in the '60s when there was a break out of polio in Jamaica that for a fairly percentage of expense on preventive steps, vaccines, we could have prevented a major human catastrophe.
It remains in our shared interest. Which of these arguments might be used by someone who supports strict campaign finance laws?. These are concerns which are not national or perhaps local. They are global, and the only method to tackle them is by effective cooperation. In passing, let me state that the financial obligation scenario is such that it is starting to constrain the federal governments and their capability to do health and education which has long term negative effects for development. If we might resolve the debt, and possibly one of the areas to look at is to generate structures and advancement representatives to look at debt-for-health swaps in which a few of the financial obligation can be minimized which money be taken into preventive health care.
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Duncan. wesley mortgage Thank you for that. I would be remiss if I didn't point out Haiti and Dominican Republic, and ask-- I will let you ask the question if you would like. Mr. Meeks. I would be remiss if I didn't ask about Haiti and the Dominican Republic. Mr. Duncan. So migration, economy, situation in Haiti with the federal government, if you all just desire to discuss that. Ms. Yearwood. That is opening a bunny hole, however there are a great deal of possible methods to go at this question. Haiti is in a particularly fascinating situation. As I mentioned I was there for 13 years.
And whether it is with the Parliament or the government, crime is on the increase. Spending plan wise, we understand the U.S. and European Union are not going to be offering cash toward elections. Last I heard, there was no money in the Haitian spending plan for elections, so somehow they need to find 55 million to get to a set of elections that nobody is certain, you understand, if it can occur and if it will occur since of the impasse on the ground there. How long can you finance a camper. What happened to household finance corporation. That naturally has effects on the DR-Haiti migration concern. If Haiti continues to move downhill, it is going to be hard pressed for anybody to be able to stop the flight of migrants either to the Dominican Republic, the Bahamas, Turks and Caicos, Jamaica, and of course Florida and the United States.