New Cuban Economy
The economy of Cuba is a mixed command economy dominated by state-run enterprises. Most of the labor force is employed by the state. In the 1990s, the ruling Communist Party of Cuba encouraged the formation of worker co-operatives and self-employment. In the late 2010s, private property and free-market rights along with foreign direct investment were granted by the 2018 Cuban constitution. Foreign direct investment in various Cuban economic sectors increased before 2018. , public-sector employment was 76% and private-sector employment (mainly composed of self-employment) was 23%, compared to the 1981 ratio of 91% to 8%. Investment is restricted and requires approval by the government. In 2019, Cuba ranked 70th out of 189 countries on the Human Development Index, placed in the high human development category. , the country's public debt comprised 35.3% of GDP, inflation (CDP) was 5.5%, and GDP growth was 3%. Housing and transportation costs are low. Cubans receive government-su ...
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Havana
Havana (; Spanish: ''La Habana'' ) is the capital and largest city of Cuba. The heart of the La Habana Province, Havana is the country's main port and commercial center.Cuba
''The World Factbook''. Central Intelligence Agency. The city has a population of 2.3million inhabitants, and it spans a total of – making it the largest city by area, the most populous city, and the List of metropolitan areas in the West Indies, fourth largest metropolitan area in the Caribbean region. The city of Havana was founded by the Spanish Empire, Spanish in the 16th century, it served as a springboard for the Spanish colonization of the Americas, Spanish conquest of the Americas becoming a stopping point for Spanish galleons returning to Spain. ...
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