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June 29, 2009

Cubans face dire economic formula

The Cuban government's call for energy conservation appears to reflect the country's economic strategy under President Raul Castro, who assumed Cuba's leadership more than a year ago. Rather than follow the path of market-based liberalization reforms that China and Vietnam's communist governments have taken, Cuba intends to weather the crisis by slimming its bureaucracy and exhorting citizens to conserve resources and produce more.

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