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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