why is the inflation rate continuing to rise in cuba?

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why is the inflation rate continuing to rise in cuba?

2006-11-02 23:37:03 · 2 answers · asked by Anonymous in Social Science ➔ Economics

2 answers

Because Cuba has a two tier economic system, Cubans get the local cheap rate, Foreigners get the Foreigner rate. Blame Fidel.

2006-11-02 23:40:28 · answer #1 · answered by Latin Techie 7 · 0⤊ 0⤋

It is because of her economic system is based on command rather free market as such the relation with other developed world is poor so to export her production is questionable and investment rate is also slow down.

2006-11-03 08:06:35 · answer #2 · answered by Berhane Gebreyesus Habtu 4 · 0⤊ 0⤋