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Economic crisis in Cuba: government missteps and tightening US sanctions are to blame

By Emily Morris, Research Associate, Institute of the Americas, UCL

Cuba is going through its worst economic crisis in 30 years. Since 2020, Cubans have suffered falling wages, deteriorating public services, regular power outages, severe shortages and a growing black market. Hundreds of thousands of people have fled the country.

Some place the blame for this desperate situation at the door of the Cuban government and its mismanagement of the economy. Others point to…

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