Economy of Cuba

Cuba's economy has a planned economy, dominated by state-run enterprises which means that the Cuban government oversees it, although there remains significant foreign investment and personal enterprise in Cuba. Most of the means of production are owned and run by the government, and most of the labor force is employed by the state, although in recent years, the Communist Party has encouraged the formation of cooperatives and self-employment.

In the year 2000, public sector employment was 76% and private sector employment, mainly composed of personal property, was 23% compared to the 1981 ratio of 91% to 8%. Capital investment is restricted and requires approval by the government. The Cuban government sets most prices and rations goods to citizens. In 2009, Cuba ranked 51st out of 182 with an HDI of 0.863; remarkably high considering its GDP per capita only places it 95th. Public services and transportation in Cuba, however, are second-rate compared to more developed counterparts on the mainland. In 2012, the country's public debt was measured at 35.3% of GDP. At the same time, inflation (CDP) was ranked at 5.5%. Furthermore, in the same year, the economy encountered a 3% growth in GDP.

Cuba

Coordinates: 21°30′N 80°00′W / 21.500°N 80.000°W / 21.500; -80.000

Cuba, officially the Republic of Cuba (Spanish:  República de Cuba ), is a country comprising the islands of Cuba, Isla de la Juventud and several archipelagos in the Caribbean Sea. The capital and largest city Havana is 365 km (227 mi) from Miami, Florida. Geographically, Cuba is considered part of North America. Culturally, it is considered part of Latin America.

Prior to Spanish colonization in the late 15th century, Cuba was inhabited by Amerindian tribes. It remained a colony of Spain until the Spanish–American War of 1898, which led to nominal independence as a de facto U.S. protectorate in 1902. As a fragile republic, Cuba attempted to strengthen its democratic system, but mounting political radicalization and social strife culminated in the dictatorship of Fulgencio Batista in 1952. Further unrest and instability led to Batista's ousting in January 1959 by the July 26 movement, which afterwards established a government under the leadership of Fidel Castro. Since 1965, the country has been governed by the Communist Party of Cuba.

Cuba, Portugal

Cuba (Portuguese pronunciation: [ˈkuβɐ]) is a town and municipality in the District of Beja in Portugal. The population in 2011 was 4,878, in an area of 172.09 km².

It is historically known in Portugal as being the birthplace of Christopher Columbus. (In: Mascarenhas Barreto "Colombo Português: Provas Documentais"), and a statue honouring him can be seen on the city centre.

The current mayor (since 2013) is João Português. The municipal holiday is Monday after Easter.

Parishes

Administratively, the municipality is divided into 4 civil parishes (freguesias):

References

External links

Cuba (disambiguation)

Cuba is a Caribbean island country.

Cuba may also refer to:

Places

 Italy

 New Zealand

 Portugal

 Spain

 United Kingdom

 United States