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Economist Podcasts
Cuba's Economic Struggles and Resilience
This chapter examines the severe economic challenges Cuba faces, exacerbated by the COVID-19 pandemic, focusing on the impact of reduced tourism and oil imports. It discusses the complexities of Cuba's dual currency system, the rise of black market activities, and the potential for currency unification amid inflation concerns. Additionally, the chapter highlights the Cuban spirit of 'resolver,' illustrating how individuals adapt and survive despite the ongoing struggles.
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