A friend who does work on the Cuban economy commented that you should forget about the official gdp measure and consider only the ppp. He notes that the WB has Brazil at about 15, Mexico at 16, Panama at 20 and Chile at 22 (Argentina not given). And the US is 53 K. When I look at those numbers and consider what Cubans produce, I find the number of 20 K not at all unreasonable. We could talk about reducing it to 18 or whatever, that’s more or less irrelevant – they rank about where they should by what their country produces, compared to other LA countries. Yes, I know 20 K seems like most Cubans do not have that in their pocket (and they don’t), but most Brazilians do not ever see 15 K, most Mexicans do not see 16K, and so on. Of course lots more one could say and discuss, but that’s the super short form.

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WHILE I AM IN CUBA, PLEASE ccmlebo...@gmail.com <mailto:mlebo...@gmail.com>  
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Michael A. Lebowitz

Professor Emeritus

Economics Department

Simon Fraser University

8888 University Drive

Burnaby, B.C., Canada V5A 1S6

Cuba home: 7 832 8189

Cuba cell: 53 5 476 0553


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WHILE I AM IN CUBA, PLEASE cc mlebo...@gmail.com FOR PERSONAL MAIL AS THAT 
OFTEN IS EASIER TO DOWNLOAD
---------------------
Michael A. Lebowitz
Professor Emeritus
Economics Department
Simon Fraser University
8888 University Drive
Burnaby, B.C., Canada V5A 1S6
Cuba home: 7 832 8189
Cuba cell: 53 5 476 0553



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