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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. LSE Business Review (01 Dec 2019), pp. 1-3. Blog Entry.

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Abstract

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: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2019 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HC Economic History and Conditions
J Political Science > JF Political institutions (General)
J Political Science > JZ International relations
Date Deposited: 18 Feb 2020 12:30
Last Modified: 14 Sep 2024 01:58
URI: http://eprints.lse.ac.uk/id/eprint/103468

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