An old joke I heard for the first time more than 20 years ago in
A new study by the
Consider some of the findings of the study, entitled "Reaching out:
- Despite big increases in tourism, some investments in mining and massive subsidies from
- Measured in per capita income on a purchasing power parity basis,
- Industrial production stands at only 43 percent of its 1989 levels, and employs only 10 percent of today's workforce. Exports of goods are a paltry
- Despite Cuban President Raúl Castro's recently announced pro-market economic reforms -- including allowing certain forms of home ownership -- implementation of these reforms is slow and erratic amid fierce quarrels between hard-liners and reformers within the regime, it says.
Feinberg's study proposes supporting economic reforms in
Interestingly, Cuban officials expressed some interest to engage with the IMF and the
"When asked by the author for the Cuban position regarding IMF membership, a senior official of the Cuban ministry of foreign affairs responded: '
My opinion: If Gen. Castro's military dictatorship wants IMF help, after decades of lashing out against that
Those who claim that the Castro brothers are still popular, and that
The old joke I heard in
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