Cuba is evidence that there is an alternative to the IMF

JSC: Jamaicans in Solidarity with Cuba

A JSC reader writes in response to the article: World Bank: Cuba has the best education system in Latin America and the Caribbean

By Michael Smith

There should be no surprise as to why Cuba excels in education, health care and other social sectors compared to its Latin American and Caribbean neighbors.

The fundamental reason for Cuba’s successes in the social spheres is that unlike its neighbors, Cuba has had a profound revolution that has changed all aspects of its life for the better.

This they have achieved despite facing huge challenges and difficulties with foreign exchange reserves. The latter challenge is particularly important in the absence of the former USSR and other socialist countries that typically bought Cuba’s exports above ‘world prices’ and sold the Caribbean nation their imports such as machinery, tools, medicines and spare parts below world market prices.

Effectively, the socialist countries created a different basis for determining prices…

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ALBA-TCP Extraordinary Summit on Ebola to be celebrated in Havana

NYC Havana Blog

With the purpose to agree on the regional cooperation to prevent and fight Ebola, next October 20th, Havana will serve as venue for the Extraordinary Summit of the Bolivarian Alliance for the Peoples of Our America-Treaty of Commerce with the Peoples (ALBA-TCP).

In concordance with the United Nations General Secretary’s appeal to join the international efforts to prevent and fight Ebola which affects West and Central Africa, Heads of State and Government, as well as other senior representatives from ALBA-TCP member States and from other international organizations, will define, during the Summit, a joint contribution to this important health challenge and to prevent the dissemination of the disease in the Latin America and Caribbean region.

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