Cuba Libre! Part 2

 [[{“value”:”In April I posted, following an excellent piece by Martin Gurri, that 4% of Cuba’s population had recently escaped. The Miami Herald now reports, based on official Cuban data, that 4% was a large underestimate. A stunning 10% of Cuba’s population — more than a million people — left the island between 2022 and 2023,
The post Cuba Libre! Part 2 appeared first on Marginal REVOLUTION.”}]] 

In April I posted, following an excellent piece by Martin Gurri, that 4% of Cuba’s population had recently escaped. The Miami Herald now reports, based on official Cuban data, that 4% was a large underestimate.

A stunning 10% of Cuba’s population — more than a million people — left the island between 2022 and 2023, the head of the country’s national statistics office said during a National Assembly session Friday, the largest migration wave in Cuban history.

…It was a somber moment that capped a week of National Assembly sessions in which government officials shared data revealing the extent of the economic crisis and the failure of current government policies meant to increase production, address widespread shortages, deal with crumbling infrastructure and tame inflation.

Most seriously food production has collapsed:

Alexis Rodríguez Pérez, a senior official at the Ministry of Agriculture, said the country produced 15,200 tons of beef in the first six months of this year. As a comparison, Cuba produced 172,300 tons of beef in 2022, already down 40% from 289,100 in 1989.

Pork production fared even worse. The country produced barely 3,800 tons in the first six months of this year, compared to 149,000 tons in all of 2018. Almost every other sector reported losses and failed production goals.

And yet

…Cuban Prime Minister Manuel Marrero announced several new restrictions on the island’s private sector (!!!)

Raul Castro is 93. I am betting that his death or something similar will signal a new revolution. Is the US prepared for an open Cuba?

The post Cuba Libre! Part 2 appeared first on Marginal REVOLUTION.

 Current Affairs, Economics, Food and Drink, Castro, Cuba 


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