October 2010

Cuba’s Pre-existing Condition

Last month, the Cuban government said it planned to fire 500,000 state employees, and perhaps over 1 million, saying “our state cannot and should not continue supporting… state entities with inflated payrolls, losses that damage the economy, are counterproductive, generate bad habits, and deform the workers’ conduct.” Some heralded the announcement as a long-awaited sign […] Read more