Black market suffers.
A crackdown on corruption by President Raul Castro is causing
consternation among ordinary Cubans, who say it is biting into the
flourishing black market and reducing a prized source of cheaper food
and other items, reports Reuters (Sept. 4, 2009). The complaints are
tempered by the expectation that inventive Cubans, driven by economic
necessity and seasoned by years of filching from the centralized
socialist economy, will soon restore the pipeline of illicit goods to
full flow. Experts estimate that as much as 20% of goods are stolen as
they are distributed to state outlets around the country, a drain Raul
Castro has said must be stopped. Cubans say the offer of products on the
black market, where goods generally are much cheaper than in stores, has
dropped off noticeably. The average salary in Cuba is about US$20 a
month, so the black market helps Cubans stretch their money or, if they
are sellers, supplement their income.
COPYRIGHT 2009 Caribbean Update, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.
|
Reader Opinion