Cuba, which for decades was one of the largest exporters of sugar in the world, now has to import sugar to meet its domestic demand. Six decades after the Cuban Revolution, the country is again undergoing a severe economic crisis, this time worse than the infamous “Special Period” in the 1990s.
Economists in Miami discuss crisis, private sector growth in Cuba miamiherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miamiherald.com Daily Mail and Mail on Sunday newspapers.
“It is very difficult to explain that hotels continue to be built when occupancy is lo low.” “It makes no sense to continue investing so much in tourism and so little in agriculture,” they stated.