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A comment on Governments Should Compete for Residents, Not Businesses. Parent comment

Re:Governments Should Compete for Residents, Not Businesses by ashwagary on Wednesday March 08, 2023 @01:15PM (#35072628)
Most shortages seem to be due to economic sanctions and trade embargoes. I wonder how much fleeing rates would dwindle if they were lifted.
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Re:Governments Should Compete for Residents, Not Businesses by 908B64B197 on Wednesday March 08, 2023 @02:36PM (#35073699)
> Most shortages seem to be due to economic sanctions and trade embargoes.

Not really. Cuba is free to trade with any country that's not the USA (and is even free to trade with the USA except for certain entities or commodities).

Decades of corruption, incompetence, brain drain and failed government made the local economy unable to compete.

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Re:Governments Should Compete for Residents, Not Businesses by ashwagary on Wednesday March 08, 2023 @04:48PM (#35075212)
>Not really.

A country of 11m people loses an estimated $3+ billion per year from various UN condemned restrictions.

Are you saying that causes no shortages? That's not a trivial sum of money (~$300 per capita).

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Re:Governments Should Compete for Residents, Not Businesses by 908B64B197 on Wednesday March 08, 2023 @06:25PM (#35076179)
~$300 per capita would be nothing in Switzerland ($92,434) or in America ($75,180). But it's a lot in Cuba ($9,500) simply because the government did mess up the economy so bad.
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