Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Economy of Cuba


Related Topics

  
  Cuba says economy grew 12.5 percent - Boston.com
Cuba's methodology makes the country's economic growth figures difficult to compare with those of other countries, prompting the United Nation's Economic Commission for Latin America and the Caribbean to leave the island's numbers out of its report last year.
ECLAC reported earlier this month that Cuba's 12.5 percent growth figure was the highest in the region, which saw an average of 5.3 percent growth for 2006.
Cuba announced late last year that it was started to turn the corner in its recovery from the financial crisis of the past decade and reported 11.8 percent growth for 2005.
www.boston.com /news/world/latinamerica/articles/2006/12/22/cuba_says_economy_grew_125_percent?mode=PF   (378 words)

  
  Economy of Cuba   (Site not responding. Last check: 2007-10-22)
Economy - overview: The Cuban Government continues to adhere to socialist principles in organizing its state-controlled economy.
The Cuban economy is still recovering from a decline in gross domestic product of at least 35 percent between 1989 and 1993 due to the loss of Soviet subsidies.
Central control is complicated by the existence of the informal economy, much of which is denominated in dollars.
bopedia.com /en/wikipedia/e/ec/economy_of_cuba.html   (1450 words)

  
 USAID Latin America & Caribbean: Cuba - USAID Extends Support to University of Miami's Cuba Transition Project
Cuba has a relatively educated, flexible, and mobile workforce that can be readily absorbed into new economic activities, and the Cuban people demonstrate a strong entrepreneurial spirit.
Cuba will also be able to draw upon the support of a large overseas Cuban community with extensive business and technical expertise, market connections, investment capital and a commitment to help their families and fellow Cubans on the island.
Cuba's economic recovery during transition will be significantly aided by the increased opportunities for trade resulting from marketization of the economy and the lifting of the United States embargo.
www.usaid.gov /locations/latin_america_caribbean/country/cuba/english.htm   (7174 words)

  
 granma.cu - ECONOMY
CUBA’s foreign trade grew by 23% last year, and nearly 10 billion pesos worth of trade was carried out, surpassing what was registered in 1991, before the start of the Special Period.
CUBA is negotiating the purchase of approximately 8,000 vehicles from the People’s Republic of China, President Fidel Castro informed after announcing that in upcoming weeks, 30 buses from that Asian nation will go into service to transport passengers between Havana and Pinar del Río.
FOUR of the 16 documents signed between Cuba and China in the framework of the visit by President Hu Jintao are linked to nickel, a mineral of which the island possesses one of the principal world reserves.
www.granma.cu /ingles/economia6-i.html   (1897 words)

  
 Economy of Cuba - Wikipedia, the free encyclopedia
The Cuban economy is still recovering from a decline in gross domestic product of at least 35 percent between 1989 and 1993 due to the loss of 80 percent of its trading partners and Soviet subsidies.
This park is claimed to be a successful experiment of Cuba’s economy, as it was able to create first world standard biotechnology institutions, with several patented drugs and a net annual income of some hundred million US dollars.
Cuba, with the second-highest per capita number of physicians in the world (behind Italy), sends tens of thousands of doctors to other countries as aid, as well as for obtaining favorable economic terms of trade.
en.wikipedia.org /wiki/Economy_of_Cuba   (2372 words)

  
 Economy - Cuba - Caribbean: land sugar, only u, cuba island, producer sugar, scissor sharpening
Cuba’s sugar growers took advantage of this situation to increase their own share of the sugar market, and Cuba became the greatest producer and exporter of sugar in the world.
In 1902 Cuba and the United States signed a trade agreement that guaranteed that a certain amount of Cuban sugar would be sold to the United States.
Cuba’s economic problems became even more serious after 1989, when Communist governments began to collapse in Eastern Europe and the USSR reduced its aid to Cuba as well as its trade with the island.
www.countriesquest.com /caribbean/cuba/economy.htm   (1723 words)

  
 Cuba ECONOMY
Between 1971 and 1975, the Cuban economy grew by about 10% annually, and moderate growth averaging about 4.4% per year continued through most of the 1980s.
However, commercial agreements with Argentina, Canada, Spain, France, the UK, Italy, and the FRG indicated Cuba's keen desire to move away from nearly exclusive reliance on the Socialist countries for both imports and exports.
Over half of Cuba's 156 mills were to be closed, leaving only the 71 most efficient.
www.nationsencyclopedia.com /Americas/Cuba-ECONOMY.html   (819 words)

  
 Cuba.net - Economy of Cuba   (Site not responding. Last check: 2007-10-22)
Economy of Cuba - The economy of Cuba is based on state ownership with some small scale private enterprise existing.
The Cuban economy was hit hard in the early 1990s following the collapse of the Soviet Union and the Comecon economic bloc, with which it had traded predominantly.
Cuba currently trades with almost every nation in the world, albeit at a very small scale because under the U.S. embargo any company that deals with Cuba is barred from dealing with the United States, so internationally operating companies are forced to choose between Cuba and the United States, which is a much bigger market.
www.cuba.net /economy.html   (817 words)

  
 Cuba Economy
The Cuban economy is still recovering from a decline in gross domestic product of at least 35% between 1989 and 1993 as the loss of Soviet subsidies laid bare the economy's fundamental weaknesses.
Roughly 1.7 million tourists visited Cuba in 2001, generating about $1.85 billion in gross revenues.Ê However, the government's hope for continued growth in this sector was unrewarded by the 2001 global economic downturnÊand the negative effects of September 11 on regional tourism; in 2002, 1,683,716 tourists visited the island, generating revenue of $1.5 billion.
No recent figures have been made available, but the Government of Cuba reported at the end of 2001 that tax receipts from the self-employed fell 8.1% due to the decrease in the number of these taxpayers.
www.historycentral.com /NationbyNation/Cuba/Economy.html   (1406 words)

  
 the future of cuba. the direction and economy of cuba. the leaders of cuba. the industries and dynamics of external ...
Cuba cannot re-invent the wheel of a market economy, but with good guidance they may be able to invent a new bearing for the wheel.
Cuba will not only be a "port visit", but many ships will use their facilities for stops and many Cubans will be employed on these ocean-going hotels.
Cuba must put a deposit on beer and soft drink containers since a serious litter problem is developing.
www.geocities.com /cubafuture   (3020 words)

  
 Cuba - Wikipedia, the free encyclopedia
Cuba is south of the eastern United States and the Bahamas, west of the Turks and Caicos Islands and Haiti and east of Mexico.
Cuba was a Spanish possession for 388 years, ruled by a governor in Havana, with an economy based on plantation agriculture and the export of sugar, coffee and tobacco to Europe and later to North America.
Cuba had been expelled from the Organization of American States in 1962 and the OAS had cooperated with the U.S. trade boycott for the next decade, but in 1975 the OAS lifted all sanctions against Cuba and both Mexico and Canada defied the U.S. by developing closer relations with Cuba.
en.wikipedia.org /wiki/Cuba   (8392 words)

  
 Cuba Economy
Cuba does not publish accurate economic statistics, but academic sources estimate that remittances total from $600 million to $1 billion per year, with most coming from families in the United States.
To help keep the economy afloat, Cuba has actively courted foreign investment, which often takes the form of joint ventures with the Cuban Government holding half of the equity, management contracts for tourism facilities, or financing for the sugar harvest.
It complained that the Government of Cuba gave EU joint venture partners little or no say in hiring Cuban staff, often forced the joint venture to contract employees who were not professionally suitable, and yet reserved to itself the right to fire any worker at any time without cause.
www.traveldocs.com /cu/economy.htm   (2022 words)

  
 Cuban economic guide: Economy in Cuba
The economy of Cuba, which was heavily supported by the Soviet Union, suffered greatly in the early nineties after the fall of the communism in Europe.
In a measure to counter the ill effects this had on the economy of Cuba, and to give the economy of Cuba a boost, limited foreign investment into the economy of Cuba was allowed in 1992 for the first time since the revolution in Cuba.
This attempt at improving the economy of Cuba has remained largely unsuccessful with foreign investors, mainly due to the fact that any goods produced in Cuba would be subject to a US boycott.
www.kwintessential.co.uk /articles/article/Cuba/Cuban-economic-guide:-Economy-in-Cuba/247   (389 words)

  
 Map Zones : Cuba Map
Cuba reported that GDP increased by 2.5% in 1995 and 7.8% in 1996, before slowing down in 1997 and 1998 to 2.5% and 1.2% respectively.
Cuba is a totalitarian state controlled by Fidel Castro, who is chief of state, head of government, First Secretary of the PCC, and commander in chief of the armed forces.
Cuba is a multiracial society with a population of mainly Spanish and African origins.
kids.mapzones.com /world/cuba   (2904 words)

  
 Cuba Economy
The Cuban economy is still recovering from a decline in gross domestic product of at least 35% between 1989 and 1993 as the loss of Soviet subsidies laid bare the economy's fundamental weaknesses.
Roughly 1.7 million tourists visited Cuba in 2001, generating about $1.85 billion in gross revenues.Ê However, the government's hope for continued growth in this sector was unrewarded by the 2001 global economic downturnÊand the negative effects of September 11 on regional tourism; in 2002, 1,683,716 tourists visited the island, generating revenue of $1.5 billion.
To help keep the economy afloat, Havana actively courts foreign investment, which often takes the form of joint ventures with the Cuban Government holding half of the equity, management contracts for tourism facilities, or financing for the sugar harvest.
www.nationbynation.com /Cuba/Economy.html   (1406 words)

  
 Essential Background: Overview of human rights issues in Cuba (Human Rights Watch World Report 2007, 31-12-2006)
Cuba remains the one country in Latin America that represses nearly all forms of political dissent.
Under these rules, individuals are allowed to visit relatives in Cuba only once every three years, and only if the relatives fit the US government’s narrow definition of family—a definition that excludes aunts, uncles, cousins, and other next-of-kin who are often integral members of Cuban families.
Justified as a means of promoting freedom in Cuba, the new travel policies undermine the freedom of movement of hundreds of thousands of Cubans and Cuban Americans, and inflict profound harm on Cuban families.
www.hrw.org /englishwr2k7/docs/2007/01/11/cuba14886.htm   (1314 words)

  
 [No title]
Cuba's economy is 29.7 percent free, according to our 2007 assessment, which makes it the world's 156th freest economy.
Cuba is ranked 29th out of 29 countries in the Americas, and its overall score is so low that it is less than half of the regional average.
Cuba is a one-party Communist state with a command economy that depends heavily on external assistance and a captive labor force.
www.heritage.org /index/country.cfm?id=Cuba   (902 words)

  
 Texas Cuba   (Site not responding. Last check: 2007-10-22)
As we enter the new millennium, a new theme for Cuba may be “ The Great Possibilities of Telecommunications in Cuba” if a feasible transition occurs to allow all sectors of the Cuban economy, including private individuals, to openly access and fully utilize the Internet and telecommunications in Cuba.
Government of Cuba prohibitions and harrassment are relatively insignificant obstacles to the Internet in a population already burdened by the weakness of the Cuban economy.
In fact, many workers in Cuba view the Internet as a primary means to improve their financial net worth by privately and directly selling art, music and crafts, and contracting with tourists who intend to visit Cuba.
www.texascuba.com /tech.htm   (1515 words)

  
 SED - Geography - Fieldwork - Cuba - Living in Cuba - Economy
Until relatively recently, the economy of Cuba was centrally planned whereby the State administered the economy according to policy guidelines laid down by the Communist Party of Cuba.
The growth of dollar economy and dollar only stores allows the government to access remittances sent to Cubans from relatives abroad (estimated to be $800-$1billion).
Pérez-López, JF (2003) The Cuban Economy in 2002-2003.
www.sed.manchester.ac.uk /geography/undergraduate/fieldwork/cuba/living_economy.htm   (1156 words)

  
 globalEDGE (TM) | country insights - Economy of Cuba   (Site not responding. Last check: 2007-10-22)
Likewise, Cuban citizens are adversely affected by reversion to a peso economy.
Moreover, workers in Cuba’s tourist sector--at resorts where native Cubans are prohibited unless they are on the job--have been prohibited by a Ministry of Tourism regulation from accepting gifts, tips, or even food from foreigners, in a further attempt at increasing the tourist apartheid that exists on the island.
A 2004 UN Economic Commission on Latin America and the Caribbean (ECLAC) report recommends that Cuba "redesign the parameters of competition in the public, private and cooperative sectors [and] redefine the role of the state in the economy." It recommends more flexibility in self-employment regulations, property diversification, economic decentralization, and a role for the market.
globaledge.msu.edu /ibrd/CountryEconomyPrint.asp?CountryID=117&RegionID=4   (2176 words)

  
 Cuban Business Journal
Cuba has suffered along with many other tourist destinations after the Sept. 11, 2002 attacks against the USA.
Cuba has closed many sugar operations and will be training "laid off" workers for the tourist industry.
Cuba has threatened not to protect trademarks of U.S. corporations within Cuba in retaliation.
www.cubabusinessjournal.com /economy.htm   (268 words)

  
 MapZones.com : Cuba Map
Cuba commands the two entrances to the Gulf of Mexico to the west: the Straits of Florida and the Yucatán Channel.
On the east, the republic is separated from the island of Hispaniola (Haiti and the Dominican Republic) by the Windward Passage; Jamaica lies to the south, the Bahama Islands to the north-east, and the Yucatán Peninsula of Mexico to the west, across the Yucatán Channel.
In 2001 the nation’s population was estimated to be 11,184,023.
atlas.mapzones.com /cuba/cuba.php   (2033 words)

  
 Cuba: Economy — FactMonster.com
Cuba's topography and climate are suitable for various crops, but sugarcane has been dominant since the early 19th cent.
Although Cuba's nickel deposits are among the largest in the world, extraction is difficult because of the presence of other metals in the nickel ore. Production has nevertheless increased considerably, and nickel is the country's second most valuable export item (after sugar).
In general, the Cuban economy has suffered severely from the collapse in 1990 of the Soviet bloc, upon whose trade Cuba was dependent; from the continuing effects of the U.S. trade boycott; and from internal structural economic problems.
www.factmonster.com /ce6/world/A0857653.html   (436 words)

  
 BBC NEWS | World | Americas | Country profiles | Country profile: Cuba
Cuba has survived more than 40 years of US sanctions intended to topple the government of Fidel Castro.
Cuba has forged closer ties with China and with oil-producing Venezuela.
Cuba has fallen foul of international bodies, including the UN's top human rights forum, over alleged rights abuses.
news.bbc.co.uk /1/hi/world/americas/country_profiles/1203299.stm   (1168 words)

  
 Cuba 1
Cuba is a country that suffers from a blockade by the U.S. It struggles within a unipolar world, that is, a world where military, ideological and economic power is controlled mainly from the U.S. Given these conditions, it is unlikely that Cuba's historical leadership will soon undertake a transformation of its political structure.
One of the key challenges facing Cuba today is to follow up on the commitments it adopted, as an OMC member, when signing the Marrakech Agreements during the last Uruguay Round (in April of 1994).
As you can see, there are diverse multilateral efforts that Cuba is involved with in order to maintain foreign trade, and this is within the context of a hemispheric free trade initiative from which Cuba is the region's only excluded country.
isla.igc.org /Features/Cuba/cuba1.html   (1045 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.