Che Guevara's Cuba and John Cowperthwaite's Hong Kong: a six-decade natural experiment
Monnery, Neil
(2019)
Che Guevara's Cuba and John Cowperthwaite's Hong Kong: a six-decade natural experiment
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In 1960, Cuba and Hong Kong had a similar level of GDP per capita at around $4,500 in today's money[1]. By 2018 Cuba's GDP per capita had risen to around $9,000. By contrast, Hong Kong had reached $64,000 per capita, a similar level to the US and Switzerland. Over 60 years, Cuba had doubled its economic prosperity where Hong Kong had achieved a 14-fold increase.
| Item Type | ['eprint_typename_blog_post' not defined] |
|---|---|
| Copyright holders | © 2019 The Author(s) |
| Keywords | Cuba, Hong Kong, economic policy, living standards |
| Departments | LSE |
| Date Deposited | 18 Feb 2020 12:30 |
| URI | https://researchonline.lse.ac.uk/id/eprint/103468 |
Explore Further
- https://blogs.lse.ac.uk/businessreview/2019/12/17/che-guevaras-cuba-and-john-cowperthwaites-hong-kong-a-six-decade-natural-experiment/ (Related Item)
- https://blogs.lse.ac.uk/businessreview/2019/12/17/che-guevaras-cuba-and-john-cowperthwaites-hong-kong-a-six-decade-natural-experiment/
- https://blogs.lse.ac.uk/businessreview/ (Official URL)
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