[QODLink]
Americas

Dual-currency policy divides Cubans

Despite its advantages, market-oriented system is also leading medical professionals into more lucrative sectors.
Last Modified: 27 Nov 2012 11:01

Cuba's two-currency system - the Cuban peso and the CUC, which is also known as the "convertible currency" - has economic benefits. But the only way Cubans can earn in CUCs is by working in sectors that are connected to the outside world, such as tourism.

The disparity is tempting many medical professionals to change careers.

Al Jazeera's Teresa Bo reports from Havana, Cuba.

63

Source:
Al Jazeera
Topics in this article
People
Country
City
Featured on Al Jazeera
Mother of jailed Al Jazeera journalist Abdullah Elshamy says her son's ordeal highlights the value of press freedom.
French Jews and Muslims say recent National Front victories in mayoral races reflect rising xenophobia.
Western fighters have streamed into the Middle East to help 'liberate' Arab countries such as Syria and Libya.
The Pakistani government is proposing reform of the nation's madrassas, which are accused of fostering terrorism.
Featured
Survivors of Bangladesh garment factory collapse say they received little compensation and face economic hardship.
As Iraq prepares to vote, deadly violence is surging. But at the site of one bomb attack, people insist life must go on.
French Jews and Muslims say recent National Front victories in mayoral races reflect rising xenophobia.
Up to 23,000 federal prisoners could qualify for clemency under new Justice Department initiative.
After years of rapid growth, Argentina is bracing for another economic crisis as inflation eats up purchasing power.
join our mailing list