"...Its other, capitalistic, neighbor Mexico has 2x that GDP per capita..."
Initially, I thought... that HAS to be wrong... because Mexico has 10x the resources that Cuba has. But I looked it up... and you're right... Mexico only has 2x the GDP.
Not really taking any sides here on the whole capitalism v communism thing...
But Mexico has 120 MILLION people, 100 times the energy reserves AND trade with the US... and it STILL cannot even double the GDP of a nation with 11 MILLION people and an embargo (ie - NO trade with the US)... (Cuba: 6,051 Mexico: 10,307)
That's pretty pathetic. I mean REALLY? You have 10x the resources, 100x the energy reserves... and you can only muster twice the GDP ??? Something's not right about that.
I guess that's not really a comment on Cuba as much as it is a comment on Mexico. I didn't realize it was that bad... I don't blame Mexican immigrants for trying to come to the US.
Twice the GDP per capita. The "per capita" part is important.
The GDP of Mexico is 20 times greater than Cuba's. The population is 10 times bigger.
Of course as you point out the lack of an embargo, access to oil, etc would lead you to expect that Mexico's per capita GDP would be higher than Cuba's. Whether you'd expect the factor by which it's higher to be 2 or more or less is an interesting question that I'm not qualified to answer. ;)
> Something's not right about that.
Yes, your understanding of the meaning of "per capita GDP".
Initially, I thought... that HAS to be wrong... because Mexico has 10x the resources that Cuba has. But I looked it up... and you're right... Mexico only has 2x the GDP.
Not really taking any sides here on the whole capitalism v communism thing...
But Mexico has 120 MILLION people, 100 times the energy reserves AND trade with the US... and it STILL cannot even double the GDP of a nation with 11 MILLION people and an embargo (ie - NO trade with the US)... (Cuba: 6,051 Mexico: 10,307)
That's pretty pathetic. I mean REALLY? You have 10x the resources, 100x the energy reserves... and you can only muster twice the GDP ??? Something's not right about that.
I guess that's not really a comment on Cuba as much as it is a comment on Mexico. I didn't realize it was that bad... I don't blame Mexican immigrants for trying to come to the US.