Visit Website Did you know? In addition to the Bay of Pigs invasion, the United States made several failed attempts on Fidel Castro's life, including poisoning his cigars with Botox.
There certainly were economic policy blunders from to mid when Fidel Castro stepped aside in favor of his brother Raul.
However, as is well known, Cuba made major achievements over these years in socio-economic terms. Socio-Economic Performance, While the performance of the Cuban economy from to period was mixed, major improvements were made in terms of socio-economic well-being.
The summary of changes in a few key socio-economic indicators in Table 1 illustrates the absolute and relative improvements achieved in human well-being. Literacy and educational attainment are key factors in the investment in human capital and in citizen empowerment in a modern economy.
Socio-Economic Performance Despite the economic difficulties of the s, Cuba continued to improve its socio-economic performance in relative and absolute terms, at least as these are measured by the indicators in Table 2.
Cuba continued to lead the Latin American countries in infant mortality and the education indicators. The improvements in education and health indicators and rankings occurred despite weakening of resource allocations and problems of maintaining quality.
They are not presented in order of importance. Some are the result of specific policy decisions or design or negotiations of Fidel Castro, though others are not.
This was done at relatively low cost with strongly motivated volunteers. It quickly improved literacy rates immensely, though there is some disagreement as to the quality of the literacy that was achieved. As a result, Cuba moved from 5th place in Latin America in terms of literacy and school enrolment in to 1st in — a fine achievement.
This required massive involved massive investment by both Cuba and foreign enterprises and the rapid shifting of resources to the sector.
This was done and byCuba was earning almost MN 2. The services of medical personnel are also exported to other countries — paid mainly by the Government of Venezuela. The foreign exchange earnings from medical and educational service exports amounted to MN 6.
With no support from the international financial institutions of which it was not a member, thanks to the embargo with the United States, Cuba survived, at a cost borne almost directly, immediately and totally by its citizens.
An estimate of the amount of the subsidization is presented in the accompanying chart. Presumably President Fidel Castro is responsible for negotiating this support.
How beneficial any of this assistance has been is debatable partly because it has been and is unsustainable and it has made possible the continuation of economic policies and institutions that have been counterproductive in the longer term. Fidel Castro can undoubtedly take the credit for these special relationships.
Indeed, I have not seen any analysis of the investment in the sector so I cannot judge accurately if it has been commercially viable so far or not. However, Cuba is beginning to achieve major exports of pharmaceutical products amounting to MN These exports should continue to increase in future and the investment in the sector may be valuable.In the end, was Fidel Castro a "good" guy?
He was a dictator, responsible for the deaths and misfortunes of a lot of people. But he also was a. Fidel Castro, in full Fidel Alejandro Castro Ruz, (born August 13, , near Birán, Cuba—died November 25, , Cuba), political leader of Cuba (–) who transformed his country into the first communist state in the Western Hemisphere.
Watch video · Fidel Castro Biography Military Leader, President (non-U.S.) (c. –) Fidel Castro orchestrated the Cuban Revolution and was the head of Cuba's government until Under Fidel Castro's rule, literacy grew dramatically, racism was eliminated, public health care was repaired and enhanced, the electric grid was expanded to the countryside, full employment was provided, and new medical facilities and schools were constructed.
Fidel Castro Net Worth is $ Million. Fidel Castro is Cuban-born political leader and socialist revolutionary with an estimated net worth of $ million dollars. Fidel Castro served as The First Secretary of the Communist Party of Cuba for 45 yea. Self-proclaimed Socialist, Marxist, and Leninist Cuban revolutionary Fidel Castro died late on the night of 25 November.
Besides Queen Elizabeth II (who was born into power), Castro (who had to Founded: Dec 18,