Missileer
Active member
From the same article. Sounds more like questionable economic standards than actual growth. Even ECLAC questions the Cuban method of computing GDP.
Mark's probably a good guy but Castro and his predecessor were both bad for Cuba. Castro was demanding that Russia take a hard stand during the missile crisis (when I was in the Army) and even Kruschev was leery of him. He must die before Cuba can live again.
"One of the reasons for these impressive results is the fact that the Cuban government began in 2004 to include expenditures on social services like education and health in its GDP calculations. These sectors normally excluded, because they do not generate revenues, but Havana devotes considerable resources to providing these services free of charge to all of the country's 11.2 million inhabitants."
Moreover, this year's GDP calculation included a sizeable amount for the "export of social services to a number of countries," particularly Venezuela, commented sources from ECLAC.
"ECLAC did not include Cuba in its preliminary report on economic growth in the region, because it is still evaluating the Caribbean island's results in accordance with the calculation methods normally used by the regional U.N. agency."
Mark's probably a good guy but Castro and his predecessor were both bad for Cuba. Castro was demanding that Russia take a hard stand during the missile crisis (when I was in the Army) and even Kruschev was leery of him. He must die before Cuba can live again.
"One of the reasons for these impressive results is the fact that the Cuban government began in 2004 to include expenditures on social services like education and health in its GDP calculations. These sectors normally excluded, because they do not generate revenues, but Havana devotes considerable resources to providing these services free of charge to all of the country's 11.2 million inhabitants."
Moreover, this year's GDP calculation included a sizeable amount for the "export of social services to a number of countries," particularly Venezuela, commented sources from ECLAC.
"ECLAC did not include Cuba in its preliminary report on economic growth in the region, because it is still evaluating the Caribbean island's results in accordance with the calculation methods normally used by the regional U.N. agency."
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