An Introduction to Cuba
Just 90 miles from the Florida coast, and surrounded by parliamentary democracies, Cuba is an island in every sense. The largest and most populous island nation in the Caribbean, it has been ruled by Fidel Castro's Communist Party since the overthrow of the authoritarian rule of Fulgencio Batista in 1959. See full country profile.Latest Research News from Latin America
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GOVERNMENT: Unitary Socialist Republic
AREA: 110,860 sq km
POPULATION: 11,241,161 (2010 Census)
MAJOR LANGUAGE: Official Language: Spanish
Some business and general info
The Market Research Industry
Trade and Industry in Cuba
Rational choice
Cubans get a quota of rationed goods each month - a couple of dozen essential items, including enough food to live on for something like ten days - a good start for impoverished families. Also among this short list of vital supplies however are separate quotas for no fewer than three products of the island's flourishing tobacco industry - cigarettes, 'strong' cigars and 'aromatic' cigars...
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Just 90 miles from the Florida coast, and surrounded by parliamentary democracies, Cuba is an island in every sense. The largest and most populous island nation in the Caribbean, it has been ruled by Fidel Castro's Communist Party since the overthrow of the authoritarian rule of Fulgencio Batista in 1959.
Spanish for 400 years until 1898, and only briefly a democracy in the early twentieth century, Cuba faces a very uncertain future (see below).For the moment, communism has meant control of many areas of life, rock bottom income, isolation and high levels of (illegal) emigration - but also healthcare that's the envy of many other states, law and order that's rare in other populous Caribbean states, almost 100 percent literacy, and an old world charm that's popular with tourists. In 2006, Cuba was the only nation in the worl' which met the WWF's definition of sustainable development, having an ecological footprint of less than 1.8 hectares per capita and a Human Development Index of over 0.8 for 2007. Cuba and the USA - and more particularly the CIA - are officially bitter enemies but American cars, films and much of its culture are highly popular among ordinary Cubans. As an outsider it's hard to weigh up the pros and cons - sources suggest more than a million will look to leave if emigration controls are relaxed and perhaps that's the bottom line - but will they find the grass greener?
GDP: $114.1bn (2010 est.); per capita $9,900 according to Wikipedia - less according to other sources
Religions nominally Roman Catholic 85% (pre-Castro)
Currency: Cuban Peso (CUP) - local use only; Cuban Convertible Peso - 1 CUC = 1 $US
Telephone Code: +53
Since the revolution in 1959 Cuba has had a socialist economy in which most of the means of production are owned by the state and most citizens are employed by the state. After the revolution Cuba became very dependent on Soviet subsidies of $4-6bn annually. When these ceased in 1990 with the disintegration of the USSR, the economy went into a decline. Cuba also suffers from US trade embargos which have been in place since 1961.
On coming to power Raul Castro made promises that some of the restrictions that limit daily life in the country would be eased, and Cubans now have small ways of generating income which are not overseen by the state. However this is still not enough to stop them attempting to leave the country - last year (2011) the US coastguards intercepted 1,000 people trying to enter the USA illegally.
Exports ($2.46bn in 2009) include: sugar, nickel, tobacco, fish, medical products, citrus and coffee. These go mainly to China (26%), Canada (23%), Venezuela (10%) and Spain (6%). Imports ($8.96bn in 2009) include: petroleum, food, machinery and equipment and chemicals coming mainly from Venezuela (35%), China (12%) and Spain (8%).
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