Poverty
Typical wages range from factory worker's 400 non-convertible Cuban pesos a month to doctor's 700. That is around 17-30 U.S. dollars a month. However, the Human Development Index of Cuba still ranks much higher than the vast majority of Latin American nations. After Cuba lost subsidies in 1991, malnutrition resulted in an outbreak of diseases and general hunger. Despite this, the poverty level reported by the government is one of the lowest in the developing world, ranking 6th out of 108 countries, 4th in Latin America, and 48th among all countries. Pensions are among the smallest in the Western hemisphere at $9.50. In 2009, Raul Castro increased minimum pensions by 2 dollars, which he said was to recompense for those who have "dedicated a great part of their lives to working... and who remain firm in defense of socialism".
Read more about this topic: Economy Of Cuba
Famous quotes containing the word poverty:
“There is but one love of Jesus, as there is but one person in the poor—Jesus. We take vows of chastity to love Christ with undivided love; to be able to love him with undivided love we take a vow of poverty which frees us from all material possessions, and with that freedom we can love him with undivided love, and from this vow of undivided love we surrender ourselves totally to him in the person who takes his place.”
—Mother Teresa (b. 1910)
“There was the murdered corpse, in covert laid,
And violent death in thousand shapes displayed;
The city to the soldier’s rage resigned;
Successless wars, and poverty behind;
Ships burnt in fight, or forced on rocky shores,
And the rash hunter strangled by the boars;
The newborn babe by nurses overlaid;
And the cook caught within the raging fire he made.”
—Geoffrey Chaucer (1340?–1400)
“Wealth makes the laws that poverty must obey.”
—Mason Cooley (b. 1927)