[lbo-talk] Re: Kerala and Cuba

kjkhoo at softhome.net kjkhoo at softhome.net
Fri Apr 25 21:00:29 PDT 2003


Yoshie Furuhashi wrote:
>Cubans living abroad are said to send $ 800 million to $ 1 billion
>annually to their homeland.
>
>Cuba's GDP: $ 18.6 billion.

So roughly 4-5% of est GDP. Have no idea what it is in Kerala. In the Philippines, it's estimated at 8%. Within Caribbean, if the above figures are good, Cuba would be much below Dom Rep, Jamaica, Honduras, El Salvador, Nicaragua (at 14% of GDP), but above Mexico, Panama, and broadly comparable with Guatemala.

But then, someone could say that the other places are free to export their workers, and if the same were true of Cuba, it might climb to comparable levels as Nicaragua? Be pretty damning then, if true.

kjk



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