Cheers, Ken Hanly
Andrew English wrote:
> I sure don't know "what gives." How is the international market for sugar?
> Is there sufficient demand, or would higher production just depress prices?
>
> If there is a production problem in Cuba, maybe it is related to
> breakdowns in the harvesting machinery, maybe lack of petro.
>
> -Andy English
>
> -----Original Message-----
> From: Brad De Long <delong at econ.Berkeley.EDU>
> To: lbo-talk at lists.panix.com <lbo-talk at lists.panix.com>
> Date: Thursday, April 27, 2000 1:25 PM
> Subject: Re: Cuba all set for another bumper sugarcane crop
>
> >>As I recall there was a time (around 1970 I think) when the Cuban
> government
> >>wrecked the
> >>economy mobilizing the entire workforce to try to harvest 10 million tons.
> >>Afterward, they
> >>criticized themselves and moved to a more balanced economic strategy.
> >>
> >>-Andy English
> >
> >But in the 1960s they *routinely* harvested 6 million tons. We today
> >have better selectively-bred cane stalks, better fertilizers, more
> >labor-saving machinery, Cuba has the same land as then...
> >
> >What gives?
> >
> >
> >Brad DeLong