Why are you interested? Cuba, like the USSR & Mao's China, has excluded its population from the world reserve army of labor. That said, everything else is mere decoration or quibble.
Carrol -----Original Message----- From: pen-l-boun...@lists.csuchico.edu [mailto:pen-l-boun...@lists.csuchico.edu] On Behalf Of Maxim Linchits Sent: Monday, March 14, 2016 5:33 PM To: Progressive Economics Subject: Re: [Pen-l] What is Cuba's GDP? I should add that the CIA "world factbook" estimates about 10,000 gdp/capita PPP. Anyone? I think it's topical. I'll probably keep replying to this thread once a week to keep it alive - until either someone chips in or the moderator tells me to stop. On Sun, Mar 13, 2016 at 12:49 AM, Maxim Linchits <mlinch...@gmail.com> wrote: It is easy enough to find answers, from the World Bank: 6,700 USD/per capita (unadjusted) 2013 20,700 USD/per capita (PPP-adjusted) 2013 Unadjusted GDP figure are are of little use and are seldom used in economic literature - unless the topic is Cuba. For Cuba, only the lower unadjusted figure will do. Sometimes it is even presented as the PPP-adjusted figure: https://books.google.ru/books?id=cCPvCgAAQBAJ&pg=PA158&dq=cuba+gdp+per+capita+ppp&hl=en&sa=X&redir_esc=y#v=onepage&q=cuba%20gdp%20per%20capita%20ppp&f=false But while the oft-cited 6,700 is worthless, 20,700 does seem high. A quick look at some comparative statitstics over at gapminder.org (including ~8,000 USD for Cuba in 1959) suggests that this figure is may not a huge exaggeration . But it may exaggerated nonetheless. So does anyone know what Cuba's GDP is, even remotely? A long time ago, lots of research was being done to gauge the level of aggregate demand in the Soviet economy. As far as I know, nothing comparable has been attempted in the case of Cuba. So how would one come up with serious estimates? -- Best regards, Maxim Linchits OOO Unikon _______________________________________________ pen-l mailing list pen-l@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/pen-l
