Cuba’s Prosperity Secret

Cuba became dependent on tourism after the end of Soviet subsidies in 1991 triggered savage austerity and a need for foreign currency. With a casual tip dwarfing state wages, scientists, teachers and other professionals quit their jobs to become waiters, chambermaids and taxi drivers. “Our most brilliant minds – serving coffee,” lamented Alvaro, a university lecturer turned tour guide.

As hard times bite, Cubans show little appetite for celebration – The Guardian

Wednesday, December 31st, 2008 Emerging Markets, Featured, Philosophy, Politics   

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