Retired professor Jorge Dominguez earned a BA in history from Yale University and a PhD in political science from Harvard University. Formerly the chair of Harvard’s Academy for International and Area Studies, Jorge Dominguez has written extensively about Cuba.
Here are a few interesting facts about Cuba: - Nearly three-fourths of employed people work in the public sector. Pew Research estimates that 74 percent of all workers in the country worked in the public sector in 2013. Only 13 percent worked in the private sector, 9 percent were self-employed, and 5 percent worked in cooperatives. However, there is strong growth in the number of people opting for self-employment, which rose from 144,000 (2.8 percent of workers) in 2009 to 424,000 (8.6 percent of workers) in 2013. - Cuba does not impose a personal income tax. Neither is there corporate tax, value-added tax, or sales tax. Instead, Cuban entrepreneurs pay taxes on the number of employees they have. Once a business has five or more employees, tax rates go up. As a result, the average number of employees per business license in the country is four. This discourages job growth and economic growth. - Cuba’s population is aging. Cuba projects a population of 10.8 million in 2030, down from 11.2 million in 2015. About a third of those people will be over 60 years of age. With average life expectancy as high as in North America, the country will need more retirement communities and geriatric wards.
0 Comments
|
AuthorJorge Dominguez - Doctor of Political Science. Archives
November 2021
Categories |