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Economy Of Cuba
The economy of Cuba is a planned economy dominated by state-run enterprises. The Communist Party of Cuba maintains high levels of public sector control and exerts significant influence over the Cuban economy. The island has a low cost of living, inexpensive public transport, as well as subsidized education, healthcare, and food. Cuba's economic growth has historically been weak due to high labour emigration, import dependency, an ongoing energy crisis, foreign trade sanctions, and limited tourism in Cuba. The dual economy of Cuba has led to a series of financial crises. Cuba is one of the poorest countries in Latin America and the Caribbean with high inflation, collective poverty, and food shortages. In the 19th century, Cuba was one of the most prosperous pre-industrial Latin American countries with the export of tobacco, sugar, and coffee. At the Cuban Revolution of 1953–1959, during the military dictatorship of Fulgencio Batista, Cuba was on a growth trajectory within ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Havana
Havana (; ) is the capital and largest city of Cuba. The heart of La Habana Province, Havana is the country's main port and commercial center.Cuba ''The World Factbook''. Central Intelligence Agency. It is the most populous city, the largest by area, and the List of metropolitan areas in the West Indies, second largest metropolitan area in the Caribbean region. The population in 2012 was 2,106,146 inhabitants, and its area is for the capital city side and 8,475.57 km2 for the metropolitan zone. Its official population was 1,814,207 inhabitants in 2023. Havana was founded by the Spanish Empire, Spanish in the 16th century. It served as a springboard for the Spanish colonization of the Americas, Spanish conquest of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planned Economy
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed. Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market socialism. Market abolitionist socialism replaces factor markets with direct calculation as the means to coordinate the activities of the various socially owned economic enterprises that make up the economy. More recent approaches to socialist planning and allocation have come from some economists and computer scientists proposing planning mechanisms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soviet Union
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastern Bloc
The Eastern Bloc, also known as the Communist Bloc (Combloc), the Socialist Bloc, the Workers Bloc, and the Soviet Bloc, was an unofficial coalition of communist states of Central and Eastern Europe, Asia, Africa, and Latin America that were aligned with the Soviet Union and existed during the Cold War (1947–1991). These states followed the ideology of Marxism–Leninism, in opposition to the Capitalism, capitalist Western Bloc. The Eastern Bloc was often called the "Second World", whereas the term "First World" referred to the Western Bloc and "Third World" referred to the Non-Aligned Movement, non-aligned countries that were mainly in Africa, Asia, and Latin America but notably also included former Tito–Stalin split, pre-1948 Soviet ally Socialist Federal Republic of Yugoslavia, Yugoslavia, which was located in Europe. In Western Europe, the term Eastern Bloc generally referred to the USSR and Central and Eastern European countries in the Comecon (East Germany, Polish Peo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cold War
The Cold War was a period of global Geopolitics, geopolitical rivalry between the United States (US) and the Soviet Union (USSR) and their respective allies, the capitalist Western Bloc and communist Eastern Bloc, which lasted from 1947 until the dissolution of the Soviet Union in 1991. The term ''Cold war (term), cold war'' is used because there was no direct fighting between the two superpowers, though each supported opposing sides in regional conflicts known as proxy wars. In addition to the struggle for ideological and economic influence and an arms race in both conventional and Nuclear arms race, nuclear weapons, the Cold War was expressed through technological rivalries such as the Space Race, espionage, propaganda campaigns, Economic sanctions, embargoes, and sports diplomacy. After the end of World War II in 1945, during which the US and USSR had been allies, the USSR installed satellite state, satellite governments in its occupied territories in Eastern Europe and N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fulgencio Batista
Fulgencio Batista y Zaldívar (born Rubén Zaldívar; January 16, 1901 – August 6, 1973) was a Cuban military officer and politician who played a dominant role in Cuban politics from his initial rise to power as part of the 1933 Revolt of the Sergeants. He ruled Cuba as a military dictator until his overthrow in the Cuban Revolution in 1959. He served as president of Cuba from 1940 to 1944, and again from 1952 to his 1959 resignation. Raised in humble circumstances, Batista first came to prominence in the Revolt of the Sergeants, which overthrew the provisional government of Carlos Manuel de Céspedes y Quesada. Batista then appointed himself chief of the armed forces, with the rank of colonel, and effectively controlled the five-member "pentarchy" that functioned as the collective head of state. He maintained control through a series of puppet presidents until 1940, when he was elected president on a populist platform. He then instated the 1940 Constitution of Cuba and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cuban Revolution
The Cuban Revolution () was the military and political movement that overthrew the dictatorship of Fulgencio Batista, who had ruled Cuba from 1952 to 1959. The revolution began after the 1952 Cuban coup d'état, in which Batista overthrew the emerging Cuban democracy and consolidated power. Among those who opposed the coup was Fidel Castro, then a young lawyer, who initially tried to challenge the takeover through legal means in the Cuban courts. When these efforts failed, Fidel Castro and his brother Raúl Castro, Raúl led an armed Attack on the Moncada Barracks, assault on the Moncada Barracks, a Cuban military post, on 26 July 1953. Following the attack's failure, Fidel Castro and his co-conspirators were arrested and formed the 26th of July Movement (M-26-7) in detention. At his trial, Fidel Castro launched into a History Will Absolve Me, two-hour speech that won him national fame as he laid out his grievances against the Batista dictatorship. In an attempt to win pub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Latin American And Caribbean Countries By GDP (PPP)
This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the April 2025 World Economic Outlook database. The Latin American countries Brazil, Mexico, Argentina, Colombia, and Chile are the region's largest economies by gross domestic product (GDP) at purchasing power parity (PPP). Cuba is not included in the list due to lack of economic data. Of the countries listed, some are not independent: Aruba is a constituent country of the Kingdom of the Netherlands, and Puerto Rico ; abbreviated PR), officially the Commonwealth of Puerto Rico, is a Government of Puerto Rico, self-governing Caribbean Geography of Puerto Rico, archipelago and island organized as an Territories of the United States, unincorporated territo ... is a United States territory with special status and thus is measured separately from the U.S. by the World Economic O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dual Economy Of Cuba
The dual economy of Cuba was developed after the dissolution of the Soviet Union, which caused major economic changes on the island. Tourism was regarded as the only stable sector of the Cuban economy and became the subject of policy changes to enhance its development. Cuba legalized the use of the US dollar and created a dual currency system, one based on the dollar and the Cuban convertible peso with the other system based on the Cuban peso. Different institutions and businesses operated on only one side of the currency divide. The Cuban peso, used mostly by Cuban nationals, could not buy imported goods. The goal of the dual economy was to create one economic sphere designed to use foreign investment, while keeping it separate from the other economic sphere of domestic activities. The dual economy involved various policies that divided Cuban nationals and foreigners. These systems dividing tourist facilities, currencies, and healthcare, have been informally termed "tourism apart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tourism In Cuba
Tourism in Cuba is an economic sector that generates over 4.7 million arrivals , and is one of the main sources of revenue for the island. With its favorable climate, beaches, colonial architecture and distinct cultural history, Cuba has long been an attractive destination for tourists. "Cuba treasures 253 protected areas, 257 national monuments, 7 UNESCO World Heritage Sites, 7 Natural Biosphere Reserves and 13 Fauna Refuge among other non-tourist zones." Having been Spain's closest colony to the United States until 1898, in the first part of the 20th century Cuba continued to develop with the influence of big investments, the creation of various industries, and growing travel to support mostly US interests and corporations. Its proximity (roughly from the Florida Keys) and close relationship with the United States also helped Cuba's market economy prosper fairly quickly. As relations between Cuba and the United States deteriorated rapidly after the Cuban Revolution of 1959 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2024–2025 Cuba Blackouts
A series of interruptions to the nationwide electrical service of Cuba occurred during the months of February, March, October and December 2024. The blackouts began in February 2024 with power outages that affected nearly half of the country. In March, further blackouts caused widespread protests. On 5–6 October, a third of the country experienced outages. From 18 to 22 October 2024, a total nationwide blackout occurred due to the failure of the Antonio Guiteras Power Plant. During the October shutdowns, the Cuban government announced energy-saving measures. The blackouts were the most severe living crisis that the country has experienced since the dissolution of the Soviet Union in 1991. History February Parts of Cuba experienced blackouts starting on 8 February 2024. On February 13, 45% of the country was affected by power outages. March In March 2024, Cuba experienced large-scale power outages, amidst an economic crisis that hit the country. The blackouts, which peak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Migrant Worker
A migrant worker is a person who Human migration, migrates within a home country or outside it to pursue work. Migrant workers usually do not have an intention to stay permanently in the country or region in which they work. Migrant workers who work outside their home country are also called foreign workers. They may also be called expatriates or guest workers, especially when they have been sent for or invited to work in the host country before leaving the home country. The International Labour Organization estimated in 2019 that there were 169 million international migrants worldwide. Some countries have millions of migrant workers. Some migrant workers are undocumented immigrants or slaves. Definition The International Organization for Migration's Global Migration Data Analysis Centre states that "there is no internationally accepted statistics, statistical definition of labour migration", but refers to the International Labour Organization (ILO)'s definition: "internati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
