cubaaa.docx - Country chosen Cuba The presentation will be focused on Cuba economic policies and performance especially the policies taken when Catsro

cubaaa.docx - Country chosen Cuba The presentation will be...

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Country chosen: Cuba The presentation will be focused on Cuba economic policies and performance especially the policies taken when Catsro arrived in 1959 and until the end of the cold war. First, we will present general facts and remain some important key figures on Cuba. Then, we will explain the historical context which created the Cuban economic model and we will describe the different policies since 1959. Finally, we will analyze the efficiency of those Cuban economic policies. Cuba is one of the last communist regimes of the world. The official name of the country is the Republic of Cuba. Currently the Cuban head state is Miguel Dias-Canel and the first secretary of the unique political party called is Raul Castro. Cuba is an island which has an area of 106 449 km2. It is situated in the Caribbean around the northern South America. The capital of Cuba is Havana and there are other main big cities like Santiago de Cuba, Villa Clara or Holguin. The demography is 11 116 396 inhabitants. AS Cuba is like a welfare state, the country has a high life expectancy, around 79,6 years and its HDI is pretty good around 0,775 (69 th country of the world). As most of countries in Latin America, the official language of the country is Spanish. The biggest religion in Cuba is the Christianism, around 60% of the population. However, only 1,5% of the population claim they are practicing Catholic. The currency in Cuba is the Cuban Peso, it has the same worth than the US dollar (1 CUP = 1 USD) and it is a little bit less expensive than the euro (1 CUP = 1 EUR). In 2015, the Cuban GDP stands at 87,13 billion USD and GDP per capita is 7, 602 USD. Moreover, Cuba had an economic growth of 1,7% in 2015 and a low unemployment rate, registered at 1,7% in 2018. We can say that Cuba is a developing country because 63,3% of the population work in the tertiary sector, 18,3% for the industrial sector and 18,1% for the agriculture sector. However, as Cuba is a communist state, 70% of the population is hired by the government. The country reveals a positive balance of trade in 2015 (+3,4 billion of USD). Its mains clients are China, Canada,
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Venezuela and Netherland. The mains exported goods are sugar, coffee, tobacco and drugstore products. Finally, the mains sources of incomes are exportation of services, around 48,6% of the GDP. For instance, Cuba is well to form doctors. Cuban doctors practice their profession in 62 countries around the world. Tourism is the second source of income, around 16% of the GDP. During the 1950s, Cuba got a demography of 5,8 million inhabitants and mains economics and politics activities was concentrated in Havana There are two sectors which are a driving force of the Cuban economy. The first one is the agricultural sector which was leader in the region (Antilles). Cuban produced a lot of sugar -5 million tonnes of sugar produced every year- or coffee. The second one is Tobacco and cigar. Indeed, Cuba is the undisputed leader of this market. However, the system was obviously corrupted by the dictator Batista.
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  • Fall '17

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