Economy of Cuba
From The Art and Popular Culture Encyclopedia
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The economy of Cuba is a largely planned economy dominated by state-run enterprises. The government of Cuba owns and operates most industries and most of the labor force is employed by the state. Following the fall of the Soviet Union in 1991, the ruling Communist Party of Cuba encouraged the formation of worker co-operatives and self-employment. However, greater private property and free market rights were granted by the 2019 Cuba Constitution. It has also been acknowledged that foreign market investment in various Cuban economic sectors increased before 2019 as well.
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See also
- Cuban peso / Cuban convertible peso
- Central Bank of Cuba
- Economy of the Caribbean
- Education in Cuba
- List of companies of Cuba
- Mercados Libres Campesinos
- Central banks and currencies of the Caribbean
- List of countries by public debt
- List of countries by credit rating
- List of Latin American and Caribbean countries by GDP growth
- List of Latin American and Caribbean countries by GDP (nominal)
- List of Latin American and Caribbean countries by GDP (PPP)
- List of countries by tax revenue as percentage of GDP
- List of countries by future gross government debt
- List of countries by leading trade partners
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Economy of Cuba" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
